Private Equity firm Agri-vie acquires 36.5% stake in Jumbo Brands

SOUTH AFRICA - Agri-Vie Fund II, a private equity fund and subsidiary of EXEO, has acquired a 36.5% stake in South Africa’s non-alcoholic beverage manufacturer, Jumbo brands. Avril Stassen, Senior Partner at EXEO Capital, revealed that the firm has been eying investments into the Fast Moving Consumer Goods industry for some time now. “The continued…