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
Baltcap-backed Coffee Address has acquired Latvian vending machine operator Kafe Serviss
Coffee Address Holding, the largest vending machine and coffee service company in the Baltics, currently owned by the private equity and venture capital firm Baltcap, has acquired a local Latvian coffee service company Kafe Serviss. The transaction will further strengthen the position of Coffee Address, improving both the product and service offering to its customers across the country.Learn more
VIA equity has invested in eSmiley
With eSmiley’s attractive market position and VIA equity’s track record of supporting niche technology companies, eSmiley is fueled to accelerate growth and increase its international footprint. Management shareholders are reinvesting into the new ownership structure. VIA equity’s investment in eSmiley is a strong fit with its investment focus, offering great potential to build an international niche market leader.Learn more
Brecon Beacons Holiday Cottages has been acquired by The Travel Chapter
The shareholders of Brecon Beacons Holiday Cottages have sold the company to The Travel Chapter Ltd.Learn more