date:Jul 03, 2014
ups, sauces and simple meals such as Liebig and Royco in France, Erasco in Germany, Bla Band in Sweden and Devos Lemmens and Royco in Belgium.
It has now decided to conduct a dividend recapitalisation - a process whereby debt in a business is refinanced and increased in order for shareholders to take a dividend payment.
CVC declined to comment.
The financing will be split between a 285 million euro first lien loan and a 75 million euro second lien loan. There is also a 65 million euro revolvi