An affiliate of H.I.G. Capital has signed a definitive agreement to acquire a majority stake in go asia, Germany's largest retail chain for Asian food, the firm said on 11 November 2026. Financial terms were not disclosed.
Why H.I.G. Capital (affiliate) is buying go asia (majority stake)
H.I.G. said it would contribute retail and consumer expertise, its international network and capital to accelerate go asia's store expansion in Germany and Europe, citing growing demand for Asian cuisine.
“We see significant potential to expand the store network in Germany as well as to enter other European markets.”
Deal terms and financing
The founding family led by Wengui Ye will reinvest and retain a significant ownership interest, and Ye and the management team will continue to play an active role.
Regulatory approvals and timing
The transaction is subject to customary regulatory approvals.
Market context
Founded in 2008 in Berlin, go asia opened its first store in Berlin-Charlottenburg in 2009 and now sells more than 10,000 products through more than 70 mostly city-centre, shopping-centre and transport-hub stores, plus an online shop.
