Founded in 1960, Ad van Geloven is the leading branded producer of frozen snacks and ready meals in the Benelux with a full range of products and strong market positions in both the food service and retail channels. The company employs 900 people and has five factories in the Netherlands and Belgium. During the investment period, the business faced headwinds from challenging consumer environments in its key markets and unprecedented raw material inflation. Driven by new product development and a strengthened management team, performance bounced back strongly and the company achieved the highest levels of sales and earnings in its history. The business was realized through a sale to TowerBrook Capital Partners.