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Morgan Stanley, Schroder Adveq and other institutional investors completed a €350m investment in Miura's fund.

Financials

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Transaction Value£302m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Single Bidder

Friendly

Spain

growth capital

Acquisition

Private Equity

Completed

fruits

Private Equity

Synopsis

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Morgan Stanley, Schroder Adveq, a global private equity asset manager, and other institutional investors completed a €350m investment in Frutas, an agribusiness investment fund of Miura, a Spanish investment firm. The new capital will be used by the investment firm to support the growth of Citri&Co, a European citrus fruit producer and seller, and Frutas Esther, a producer and seller of stone fruits. “We are excited by the new partnership between Citri&Co and Frutas Esther, creating one of the largest vertically integrated fruit platforms in the world. We look forward to stewarding the platform through its next stage of growth and further adding to the platform through the global consolidation opportunity,” Jordi Alegre, Miura Partner.

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