Announced
Completed
Synopsis
Navis Capital, a private equity firm, completed the acquisition of a minority stake in Dan-D Foods Group, a healthy nut snacks producer. Financial terms were not disclosed. “Prompted by the pandemic, healthy food and snacks are quickly becoming the trend in today’s world, as consumers shift towards healthier lifestyles and diet choices. We are impressed by the Dan-D Foods management’s experience and strong work ethic that has successfully delivered consistent sales and profitability growth over many years. We are very excited to partner with Dan-D Foods Group and look forward to working closely with Mr. On and his team to further develop and grow the Company," Tabongkod Peunchob, Navis Capital Partner.
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