Iceland Food Group Receives €5M Senior Term Debt from European Capital

Iceland Food Group Limited, a UK-based retail specialist offering frozen, chilled and grocery products in the value-end of the food retail market, recently received a €5m senior term debt from European Capital.

The financing, which was provided by European Capital Financial Services Limited, the sub-investment manager of European Capital, supported the company’s management buyout led by a group of lenders, including Credit Suisse, Deutsche Bank, HSBC, Nomura and RBS.

Founded in 1970, Iceland currently has over 800 stores located throughout the UK.



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