Hibernia Foods, the Dublin-based manufacturer of branded and private-label cakes, ready-meals and frozen desserts, has completed an equity private placement in which 2,135,110 Ordinary Shares with an issuance price of US$4.5 had been placed with a limited number of accredited investors. The company anticipates that an additional 222,222 Ordinary Shares will be issued to several other accredited investors in the current month on the same terms.