Transactions - Consumer & retail

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.

LifeCare Europe successfully raised growth capital from a private investor consortium.

Kokoon Animal Shop, a French pet speciality retailer, was sold to the private equity funds Siparex and Tertium alongside a new manager

Poolwerx, a global franchise pool service brand based in Brisbane, Australia and Dallas, Texas, received an investment from Norwest Venture Partners.

North American Produce Buyers Ltd., a leading importer and distributor of premium fruits, sold a controlling interest to Ironbridge Equity Partners, a Toronto-based private equity firm focused on investing in companies in the Canadian lower middle-market.

ZEOS-L, s. r.o., a Czech agriculture company, sold a 95% stake to GES Group, a private investment group.

The shareholders of The First Class Pet Company (trading as Little Big Paw) sold the business to Petbuddy Group AB, an investor-backed group focused on acquiring and growing premium pet brands.

Kwalitaria, a leading Dutch quick service snackbar chain was acquired by the Dutch private equity firm Antea Participaties.