Baring Private Equity Asia has struck a deal to buy 40% of UK-based cereal group Weetabix, just-food understands.
China's Bright Food, which owns 60% of Weetabix, has acquired the other 40% of the business from UK-based private-equity firm Lion Capital and sold on the shares to Baring.
Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
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