Affinity backs poultry producer in debut Malaysia deal
Affinity Equity Partners has secured its debut Malaysia investment after agreeing to buy a significant minority stake in poultry producer Leong Hup International in a deal that values the company at around $600 million excluding debt.
Leong Hup is the largest integrated poultry producer in Malaysia. The company started out as a backyard farm in the 1960s and incorporated in 1979. Its operations cover the entire supply chain, from producing...
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