Consumer goods & retail

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.