Rakia Capital completed the acquisition of a minority stake in Cristalino for $151m.

Rakia Capital, a private equity company, completed the acquisition of a minority stake in Cristalino, a distributor company for international brands and retail channel management, for $151m. "The founders emphasized that bringing in Rakia was a deliberate choice to move beyond a "family-style" business. They highlighted that the 50/50 split ensures they remain deeply invested and operational while gaining the "Rakia network" for better financing and global brand negotiations," Cristalino Founders.