Private Equity

The salsa and tortilla chip business becomes the firm’s second acquisition since it closed its $425m debut fund.

Dairy giant Fonterra will listen to offers for its consumer brands as well as its manufacturing facilities in Australia, New Zealand and Sri Lanka.

Managing partner Katrin Burt says the round is designed to help Colorado-headquartered Meati capitalize on a taste and nutrition advantage that could make it a category leader.

The separation is being facilitated by way of separate debt recapitalizations of each business.

Managing partner and co-founder Fabio Sofia says the practice creates ‘some tensions in terms of alignment of interests’ in the value chain.

Managing partner Phil Erlanger says a pivot away from ag by large investors has helped bring the remaining specialists like Aliment into a ‘more proprietary’ position.

A revision of Australia’s foreign investment rules will see ‘low-risk’ investments from familiar investors reviewed more quickly, particularly if they are made into non-sensitive sectors.

China’s devastating wine tariffs, changing consumer preferences and an oversupply of grapes is forcing recapitalization and compensation plans.

Unifrutti chief executive Mohamed Elsarky says the global fresh fruit platform being built in part to strengthen the UAE's ‘food resilience’ is all about establishing scale.

The biological inputs pioneer has been sold for parts after failing to raise further capital, but it was still considered an important strategic acquirer as recently as September 2021.