Affinity buys Australian meats producer
Affinity Equity Partners has ramped up its consumer portfolio in Australia through a 70% stake acquisition in top deli meats producer Primo Smallgoods, for a price that values the company at A$740 million ($758 million).
The private equity investor has been in talks with Primo since February, when the company's owners, the Lederer family, put a majority stake up for sale. The family had initially sought to exit via a public...
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