Transactions - Consumer & retail

Ricami NBM, part of Star New Generation SpA (SNG), sold its minority stake in Ricami NBM and reinvested in Gruppo Florence, as part of Gruppo Florence’s acquisition of SNG.

Newlat Food SpA of Italy, a unit of Newlat Group SA, agreed to acquire Princes Ltd, a Liverpool-based grocery products merchant wholesaler, from Mitsubishi Corp.

Alterra Capital Partners and other co-investors acquired Beverages HoldCo 2, a leading carbonated soft drinks and sparkling wine producer in South Africa.

Hruška, spol. s r.o., a grocery retailer, and its real estate arm Sempronemo s.r.o. were sold to Central European Retail Holding, owned by private equity fund Oriens.

La Anita, a producer and distributor in the food industry, acquired Zaaschila, a key competitor with strong presence in northern Mexico.

Lucky Duck Games, a leading developer of crowdfunding and digital-hybrid board games, was sold to Goliath Games, one of the largest European toys & games companies.

MiiN Cosmetics, a leading retailer of Korean cosmetics in Europe, sold a minority stake to Barlon Capital, a private equity fund.

The Rohatyn Group and Nedbank Private Equity sold The Beverage Company, one of the largest carbonated soft drink producers in Southern Africa, to Varun Beverages (NSE:VBL).

Munro Tailoring, a provider of custom-made suits and shirts for men, acquired In Maglia, an Italian family-owned knitwear production company.

GoNorth, a local Icelandic Destination Management Company (DMC), was sold to Nordic, the market leader in Belgium for Scandinavian travel.

Askja Reizen, a respected tour operator in the travel industry with a focus on Scandinavia and Iceland, was sold to Nordic, the market leader in Belgium for Scandinavian travel.

Pepkor Holdings Limited, a South African-based investment and holding company that focuses on the discount and value segment of the retail market, signed agreements to sell all of the share capital in its wholly-owned subsidiary, The Building Company Limited (“TBCo”), to Capitalworks Private Equity and select members of TBCo management.

Galeria Karstadt Kaufhof and The Economic Stabilisation Fund (ESF) sold Hood Media GmbH, a virtual selling platform, to The Platform Group.

Louis Dreyfus Company sold a corn milling, oil extraction, and pet food production plant located in Brazil to BAXI, a Brazilian company focused on animal nutrition.

Louis Dreyfus Company sold a corn milling production plant located in Rio Verde (Goiás – Brazil) to Milhão Ingredients.

CardinalStone Capital Advisers (CCA), a West-African-focused private equity fund manager, announced that its CardinalStone Capital Advisers Growth Fund (CCAGF) exited its investment in i-Fitness Nigeria Limited, West Africa’s largest and fastest-growing fitness chain, to Verod Capital Management Limited, a private equity firm based in Nigeria.

De Haan Petfood, a prominent Dutch provider of wet pet food with a global export footprint, was sold to United Petfood, a global leader in wet and dry food production for dogs and cats, serving both private labels and brand owners.

Enjoei acquired 25% of Cresci e Perdi, the leading franchisor of thrift stores focused on children’s products in Brazil.

IMC Colombia, a provider of airline catering services and operator of airport restaurants, was sold to GCG Group, a company specialising in inflight dining.

The shareholder of Krow s.r.o, an operator of a biogas plant and majority shareholder of Ciz-Agro, a.s., sold a 70% stake to Agrofert, a.s., a major European producer of nitrogen fertilisers.