Hamburg, 11 November 2026 - H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with USD 76 billion of capital under management, announced that one of its affiliates has signed a definitive agreement to acquire a majority stake in go asia ("go asia" or the "Company"), Germany's largest retail chain for Asian food. Financial terms of the transaction were not disclosed. The transaction is subject to customary regulatory approvals.

Founded in 2008 and headquartered in Berlin, go asia operates more than 70 stores in over 30 cities across Germany. With a range of more than 10,000 products from across Asia and more than 1,600 employees, the Company serves growing demand for authentic Asian cuisine from a broad customer base.

H.I.G. and the founding family led by Wengui Ye have agreed on a partnership to accelerate the Company's next phase of growth. H.I.G. will contribute its retail and consumer expertise, its international network and its financial resources to support the dynamic expansion of go asia's store network in Germany and Europe. The founding family will reinvest in the Company and continue to hold a significant stake, and founder Wengui Ye and the management team will continue to actively shape go asia's future.

Wengui Ye, founder of go asia, said in substance (quote translated): when he opened the first store in Berlin in 2009, his vision was to bring authentic Asian cuisine into German households. Today go asia is Germany's largest retailer of Asian food, and he continues to see considerable untapped growth potential in Germany and especially across Europe. With its retail experience, international network and hands-on partnership approach, H.I.G. is the ideal partner for the next phase of growth; his family will remain significantly invested.

Christian Kraul-von Renner, Managing Director at H.I.G., said in substance (quote translated): go asia is an impressive success story under the leadership of its founder. Wengui Ye and his team have built Germany's largest retail chain for Asian food with an authentic range and a distinctive, scalable store concept. H.I.G. sees significant potential to expand the store network in Germany and to enter other European markets, and looks forward to accelerating the next phase of growth together with the Ye family and the management team.

This text was automatically translated from the German original.