INDIA: PE firm Artal Group acquires Capital Foods stake

By Katy Askew | 13 December 2013

Private-equity firm Artal Group has acquired a stake in Indian food maker Capital Foods.

The deal, for an undisclosed sum, sees Artal take a "significant minority" stake in the company, a representative for the private-equity firm confirmed. However, the Luxembourg-based investment group declined to comment on its strategic plans for Capital.

The Indian food manufacturer, which is co-owned by founder and chairman Ajay Gupta, operates three manufacturing sites in the country. It produces branded and private-label foods under the Ching's Secret Chinese food brand and Smith & Jones, a brand that brings western-style foods to India.

Sectors: Emerging markets, Mergers & acquisitions, World foods

View next/previous articles

Currently reading -

INDIA: PE firm Artal Group acquires Capital Foods stake

There are currently no comments on this article

Be the first to comment on this article

Welcome to the home of food information, insight & intelligence

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page