Transactions - Consumer & 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.

Enjoei acquired 25% of Cresci e Perdi, the leading franchisor of thrift stores focused on children’s products in Brazil.

IMC Colombia, a provider of airline catering services and operator of airport restaurants, was sold to GCG Group, a company specialising in inflight dining.

The shareholder of Krow s.r.o, an operator of a biogas plant and majority shareholder of Ciz-Agro, a.s., sold a 70% stake to Agrofert, a.s., a major European producer of nitrogen fertilisers.

Moravská pivovarská a.s., the owner of Pivovary CZ Group, the fifth largest brewing group in the Czech Republic, sold 100% of shares to Pivovary Triangl s.r.o., a consortium of three investors led by Kofola Group, a leading beverage company in the CEE region.

Venlo Group, a moulded plastic company, sold its recovery product brand TRED Outdoors to the US-based Clarus Corp (NASDAQ: CLAR).

Star New Generation Group (SNG Group), 70% owned by Star Capital through the Star IV – Private Equity Fund and 30% by the Marzioni family, acquired 80% of the company Ricami NBM S.r.l. (Ricami NBM).

International Meal Company Alimentação S.A. – IMC (B3: MEAL3), a publicly traded company, sold its indirect subsidiary, OG do Brasil, which operates the Olive Garden brand in Brazil, to Wow Restaurantes, a company owned by the former officer of IMC, Jerônimo Junior.

Enjoei, a leading marketplace for secondhand products in Brazil, acquired 100% of Elo7, a marketplace of handmade products, from its shareholders Etsy.

Compagnie Léa Nature, a French leading manufacturer of organic food, acquired a 40% stake in Groupe Jarnoux, a manufacturer of organic crepes.

Town & Country Fine Foods, a leading supplier to the UK foodservice industry, was sold to Irish Food Group Musgrave.

Clessidra SGR, the leading Italian private equity, acquired Everton S.p.A., the Italian producer of tea and infusions.