Private Equity

The French private equity firm’s chilled food platform, The Compleat Food Group, has added another British start-up to its stable.

Citation founder Tiffany Hagge: 'Cibo Vita is a hybrid between an industrial manufacturer and a staple [consumer packaged goods] company.'

Ronin formed Lotus Beverage Alliance in April when the PE firm merged six craft beverage equipment providers.

Managing partner Sebastian Popik says biological inputs are a posterchild for investments pursuing a positive environmental impact and profitably.

The firm has cashed in on its long history and track record to raise the third-largest dedicated food and ag fund.

The firm has already deployed approximately 40% of the vehicle and has had a A$1.5bn bid accepted by listed Australian agribusiness Costa Group.

Ontario Teachers’ Pension Plan will acquire KKR’s 49% stake in GreenCollar, with the latter’s workers set to share in the windfall through an employee ownership scheme.

Blue Road typically makes investments worth $75m or more to secure its favored controlling or influential minority positions.

Paine Schwartz Partners has reduced its takeover bid for ASX-listed Costa Group to A$3.20 per share, down from a previous bid of A$3.50, after Costa lowered its forecast earnings for H2 2023.

The Sydney-based private equity firm will invest in Pace Farm through its Premium Food Fund, which is the vehicle’s sixth investment.