Entrepreneurial Equity Partners completes acquisition of Kronos Foods

USA – Entrepreneurial Equity Partners, a Chicago-based private equity firm focused on making investments in the food and consumer packaged goods industries, has acquired Kronos Foods Corp. Headquartered in Illinois, USA, Kronos Foods is a […]

American PE equity firm acquires food ingredients producer Innophos for US$925m

USA – One Rock Capital Partners, a New-York based private equity firm has completed the acquisition of New Jersey-headquartered ingredients manufacturer, Innophos Holdings for approximately US$925 million. The transaction was announced on October 21, 2019 […]

Private investment house Ardian acquires bakery solutions provider Cérélia

FRANCE – New York based private investment house, Ardian has acquired French pizza dough and pie crust maker, Cérélia SA from private-equity peer, IK Investment Partners in a deal valued at about US$900 million. Cérélia […]

PE firm Ping An Capital acquires stake in Mengniu Dairy’s unit for US$568m

CHINA – Ping An Capital, the private equity unit of Chinese insurer Ping An Insurance, announced that it has teamed up with two companies to acquire a majority stake in dairy products maker Junlebao for […]

PE firm Centre Partners invests in Wisconsin Cheese, announces new management

USA – Centre Partners, a leading middle market private equity has announced an investment in Monroe-based manufacturer of Hispanic foods, Wisconsin Cheese Group (WCG) leading to an overhaul in the company’s management. WCG is a […]

Advent International to acquire majority stake in snack producer DFM Foods

INDIA – US based private equity firm, Advent International has agreed to acquire up to 68% stake in Indian snack food producer DFM Foods for around Rs851.6 crore (US$119m) in an all-cash deal. Under the […]

Private equity firm ECP buys majority stake in Kenya’s Artcaffe

KENYA (Reuters)– Africa-focussed private equity firm Emerging Capital Partners has acquired a majority stake in Kenyan restaurant chain Artcaffe Group, the latest sign of growing international private equity investor interest in East Africa.  The move […]