EQT Mid Market to sell food franchise concept BackWerk to Valora Group
· EQT Mid Market sells food franchise concept BackWerk to Swiss-listed convenience retail and food service conglomerate Valora Group · During EQT Mid Market ownership, BackWerk has transformed from a bakery chain to a quick-service convenience food franchise concept, broadened its geographical footprint and strengthened the corporate governance structure The EQT Mid Market fund (“EQT Mid Market”) today announced that it has entered into an agreement to sell German quick-service convenience food franchise concept BackWerk (or the “Company”) to the Swiss-listed convenience retail and