Sale of Rabo Equity Management Company’s stake in Daawat Foods to SALIC
India Agri Business Fund, through its investment manager Rabo Equity Management Company, has sold its stake in Daawat Foods Limited to Saudi Agricultural and Livestock Investment Company (SALIC).
Daawat Foods Limited is a leading Indian producer of high-quality basmati rice. It is a subsidiary of LT Foods Limited. Daawat Foods was founded in the 1980s and is based in Delhi.
SALIC is owned by the Public Investment Fund of Saudi Arabia and operates as an investment company. It was founded in 2012 and invests primarily in businesses focused on various agricultural commodities.
India Agri Business Fund is a food and agriculture-focused PE fund undertaking investments in India. Rabo Equity Management Company is the investment manager for India Agri Business Fund. The fund hast US$270 million assets under management.
Oaklins’ team in India successfully advised Rabo Equity Management Company and acted as the exclusive strategic and financial advisor in this transaction.
Talk to the deal team
Oaklins YES Securities
Coastal Insurance Underwriters has been acquired by Constellation Affiliated Partners
The shareholders of Coastal Insurance Underwriters have sold the firm to Constellation Affiliated Partners.Learn more
Blue Equity is partnering with Bang & Beenfeldt
The private shareholders of Bang & Beenfeldt A/S have sold the company to Blue Equity, with a subsequent reinvestment in the new company.Learn more
Contiweb has sold its Thallo web-offset packaging business to manroland Goss.
The shareholders of Contiweb have sold its Thallo web-offset packaging business, including all intellectual property rights, to manroland Goss web systems GmbH. The acquisition allows manroland Goss to expand its product portfolio.Learn more