Shepparton Partners Collective, a joint venture between Perma Funds Management and The Eights, bought SPC Ardmona, manufacturer, processor, and marketer of fruits and vegetables, from Coca-Cola Amatil, company that manufactures, distributes and sells carbonated soft drinks along with still and mineral waters, fruit drinks, ready-to-drink coffee and tea and flavored milk drinks, for $27m. “SPC has been a much-loved part of our portfolio since 2005, and we’re confident it has a bright future in the hands of its new owners. Shepparton Partners Collective recognizes the value of SPC’s brands, the opportunities for innovation and category growth in Australia, and its export potential,” Alison Watkins Managing Director Coca-Cola Amatil.