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Deals this week: Murray Goulburn Co-Operative, Monkeybox Food Tech, Imperial Frozen Foods
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Deals this week: Murray Goulburn Co-Operative, Monkeybox Food Tech, Imperial Frozen Foods
Source:foodprocessing-technology
Publish time:2017-07-31
Murray Goulburn Co-Operative (MGC) has agreed to sell its Kiewa Country Milk brand and other associated assets to a local business.

The company is engaged in the processing, production and supply of dairy products.

MGC has engaged Deutsche Bank as its financial adviser for the transaction.

India-based food delivery services provider Monkeybox Food Tech has announced that it has secured pre-series A funding from a group of investors.

The investors include venture capital firms Blume Ventures and NB Ventures, along with management services provider NSPIRA.

US-based organic frozen fruits supplier Imperial Frozen Foods has secured a $14m capital facility from Business Capital.

The company intends to invest the capital into the acquisition of a frozen vegetable company.

Private equity sponsor Kenex Holdings helped Imperial to secure the capital facility.

Imperial is a supplier of branded and private label frozen fruit products, while Business Capital is engaged in commercial finance and debt restructuring.

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