Murray Goulburn Co-Operative (MGC) has agreed to sell its Kiewa Country Milk brand and other associated assets to a local business.

The company is engaged in the processing, production and supply of dairy products.

MGC has engaged Deutsche Bank as its financial adviser for the transaction.

India-based food delivery services provider Monkeybox Food Tech has announced that it has secured pre-series A funding from a group of investors.

"Private equity sponsor Kenex Holdings helped Imperial to secure the capital facility."

The investors include venture capital firms Blume Ventures and NB Ventures, along with management services provider NSPIRA.

US-based organic frozen fruits supplier Imperial Frozen Foods has secured a $14m capital facility from Business Capital.

The company intends to invest the capital into the acquisition of a frozen vegetable company.

Private equity sponsor Kenex Holdings helped Imperial to secure the capital facility.

Imperial is a supplier of branded and private label frozen fruit products, while Business Capital is engaged in commercial finance and debt restructuring.