Adamantem buys its second Australia horse feed business
Australian middle-market private equity firm Adamantem Capital has agreed to pay A$59.5 million ($43.2 million) for poultry producer Inghams Group’s Mitavite animal feed business. It is a bolt-on acquisition for horse feed producer Hygain Holdings.
Adamantem – which was established by former Pacific Equity Partners executives Anthony Kerwick and Rob Koczkar in 2016 and closed its debut fund in March at A$608 million – purchased Hygain last November...
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