Eat Happy and Hana Finalize Sushi Merger to Form Pan-European Platform
Eat Happy Group and the European operations of Hana Group have finalized their merger, creating a new company called Eat Happy Hana Group. The deal, backed by private-equity investor One Rock Capital Partners, combines Eat Happy's network of approximately 4,300 points of sale across seven European markets with Hana's more than 1,500 locations in 12 countries. The merger aims to form a pan-European platform for ultra-fresh Asian and convenience food, leveraging complementary geographic footprints and capabilities. Hana Group, known for brands like Sushi Gourmet and Genji, will gain access to new formats, while Eat Happy expands its production and distribution footprint. Permira, Hana's majority shareholder since 2019, will fully exit Hana's European operations but remain invested in the US business. Dr. Johannes Steegmann, formerly Eat Happy CEO, will lead the combined group.
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