One Rock Capital Partners Completes Strategic Investment to Create Eat Happy Hana Group
One Rock Capital Partners, LLC ("One Rock") today announced that EAT HAPPY GROUP ("EAT HAPPY") and the European operations of Hana Group SAS ("Hana") have successfully completed their previously announced combination, supported by a strategic investment from One Rock. Following receipt of all required regulatory approvals, the transaction has now closed. The combined business will operate under the name Eat Happy Hana Group.
Eat Happy Hana Group brings together two businesses with complementary geographic footprints, concepts and capabilities to form a pan-European platform for ultra-fresh Asian and convenience food. The combined platform serves approximately 5,800 points of sale across 14 European countries and is well positioned for continued growth, innovation and long-term retail partnerships across Europe.
“We were attracted to the opportunity by the resilience and growth potential in this market segment, the depth of retail relationships and the caliber of the management teams of each business,” said R. Scott Spielvogel, Managing Partner of One Rock Capital Partners. “Eat Happy Hana Group enters the One Rock portfolio with a strong foundation, and we look forward to working closely with management to support the next phase of growth for the business."
