Nestle buys into DCP-backed plant-based protein provider
Orgain, a US plant-based nutrition business backed by China’s DCP Capital Partners, has agreed to sell a majority stake to Nestle. The size of the transaction was not disclosed.
DCP participated in the purchase of a controlling interest in Orgain in 2019, alongside Butterfly Equity, a food-focused investor headquartered in Los Angeles, and Ontario Teachers’ Pension Plan (OTPP)....
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