Proterra Asia completed the acquisition of Lanna Agro Industry.

Proterra Asia, a private equity fund manager focusing on investments across the Asian food value chain, completed the acquisition of Lanna Agro Industry, a producer and exporter of frozen edamame. Financial terms were not disclosed. "LACO is a strong, well-established business with clear potential to scale further as global demand for healthy and plant-based foods continues to rise. This investment reflects our strategy of backing trusted operators across Asia’s food value chain who are positioned for long-term growth.", Tai Lin, Proterra Asia Managing Partner.