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Foo Seng

The Deal

Bought By
Daniel Coutinho
Year
2023
Vehicle
An NCA search, backed by Novastone Capital Advisors
Kind
Physical operations

A French producer of premium frozen Asian products such as spring rolls and samosas, from Orly near Paris, in the program's words, combined with a second producer into a group called Alma.

What Happened Next

Sold as part of a group: a trade report of July 2026 says a private equity buyer acquired Alma, the group he formed by combining the company with Varachaux, and names him the group's chief executive who bought Foo Seng in 2023. The program's page names him chief executive with a portfolio date of July 2023.

The searchers held it 3 years, from 2023 to 2026.

The exit ends of journeys like this one, where the buyer has announced the purchase itself, are on Buyers.

Backed by the Same Firms

Novastone Capital Advisors

Method & Source

This record is double-sourced: it joined when the purchase and, where the company has traded on, the exit could both be read in primary accounts rather than inferred.