Funds managed by Morgan Stanley Global Private Equity, or Morgan Stanley Capital Partners, sold their majority stake in Hojeij Branded Foods Inc. to Lagardère Travel Retail SAS for $330 million.

Morgan Stanley Capital acquired the airport food and beverage concessionaire in July 2015.

Morgan Stanley Capital is the middle-market private investment platform of Morgan Stanley Investment Management Inc. It invests in the business services, consumer, healthcare and industrials sectors across North America.