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 […]