Food Processing

The public-private fund will see Duet open an office in Nigeria, as it provides credit and equity for six food and beverage companies.

The US-based firm continues to see opportunity in Asia’s rising middle class and its growing demand for safer, healthier food, co-founder Henry Kravis said.

The private equity firm plans to continue Camil Alimentos' acquisition growth trajectory in Latin America.

The RBIC has invested $3.7 million in organic quinoa-based baby food and toddler snacks company NurturMe.

The company bills the move as an opportunity to dramatically scale up production of non-GE packaged and processed foods.

The firm raised $765 for its Arbor Investments Fund IV in 90 days, as well as closing its first debt fund.

The firm is funding India's largest private dairy to expand its value-added product range and to target consumers.

The sale will free up working capital to build on the $500m the company invested in the midstream protein sector over the past year, according to an executive.

The credit line will go towards modernising farming practices to meet EU standards and improving market access for producers.

The investment in Phoon Huat comes a year after SCPE ploughed $52m into restaurant chain Crystal Jade Group Holdings.