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New Deal


Announced

Completed

Harvard Management Company completed an investment in Westfalia Fruit International.

Financials

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

Tags

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Single Bidder

avocados

Friendly

Private

Farming Fishing Ranching and Plantations

Acquisition

South Africa

Completed

Minority

Synopsis

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Boston-based Harvard Management Company completed an investment in Westfalia Fruit International, a multinational supplier of fresh fruit and related processed​ products to international markets. Financial terms were not disclosed. "Westfalia is a global leader in the avocado market with a commitment to environmentally sustainable management. Its vertically integrated operations are uniquely positioned to benefit from the growth in global avocado consumption and make it a great fit for our portfolio. We are excited to have the opportunity to join them in this latest stage of their growth," Colin Butterfield, HMC Managing Director.

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