Announced
Completed
Financials
Tags
Completed
Majority
Acquisition
food
Food Products
Greece
Natural
Private
Private Equity
Single Bidder
Synopsis
Deca Investments, an alternative investment fund manager, acquired Minerva, Greek food business, from PZ Cussons, one of the largest international consumer products groups, for $50m. "The sale of Minerva provides additional proceeds to continue to drive our strategy forward. Deca is an excellent partner for Minerva's future growth prospects and I would like to thank the Minerva team for their hard work and dedication during their time with us and wish them every success in the future." Alex Kanellis, CEO PZ Cussons.
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