Deals this week: Murray Goulburn Co-Operative, Monkeybox Food Tech, Imperial Frozen Foods
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.
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.