Private equity investor India Value Fund Advisors has revealed it will invest US$40m to finance the next phase of growth of a domestic food ingredients company – the latest in a line of QSR suppliers to catch the eye of buyout firms.
Rumours have abounded this past week that buyout fund Pacific Equity Partners (PEP) is looking to sell New Zealand-based Griffin's Foods, a maker of biscuits, snacks, and confectionery products for the Australasian market.
Jinro, South Korea's largest spirit producer, has confirmed that it
will invite bids by the end of this month, a move that aims to
raise $2 billion (€1.5 bn) and allow the bankrupt company to pay
off its creditors. Simon Pitman...