Go to deals
Private Equity | Agriculture | Food & Beverage

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.

Service
M&A sell-side
Parties

Talk to the deal team

 Parag  Khadgi

Parag Khadgi

Partner

Mumbai, India
Oaklins YES Securities

Related deals

Bonnier Corporation has sold seven of its US titles to North Equity
Private Equity | TMT

Bonnier Corporation has sold seven of its US titles to North Equity

Bonnier Corporation has sold seven of its most popular US titles, including Popular Science, Popular Photography, Saveur, Outdoor Life, Field & Stream, Better You and Interesting Things, to venture equity group North Equity.

Learn more
RVC Medical IT has been acquired by NEXUS AG
Private Equity | Healthcare | TMT

RVC Medical IT has been acquired by NEXUS AG

Main Capital Partners B.V. has sold RVC Medical IT B.V. to NEXUS AG.

Learn more
Listan, a leading provider of high-performance computer components, has been acquired by Afinum
Private Equity | TMT

Listan, a leading provider of high-performance computer components, has been acquired by Afinum

The three founders of Listan GmbH have sold a majority stake in the company to Afinum.

Learn more