Trustar buys China condiments supplier
Trustar Capital, formerly known as CITIC Capital Partners, has acquired China-based food condiments supplier Beijing Salion Foods for an undisclosed sum.
The investment comes from the firm’s fourth China buyout fund, which closed in 2019 with commitments of USD 2.8bn. Salion represents Trustar’s 11th deal in the food and beverage space. Similar assets...
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