China's Huaxia Dairy Farm Ltd said on Wednesday it has received $106 million in investment capital from a consortium led by Singapore sovereign wealth fund GIC and private equity firm Olympus Capital, to expand its farming operations and retail dairy business, Reuters reported.
Australia's CHAMP Private Equity sold industrial transport company LCR Group to rival buyout firm Archer Capital after a logistics business which had an option to buy LCR failed to bid, a source familiar with the deal told Reuters.
India's ReNew Power Ventures Pvt Ltd has raised $140 million from three investors, including a private equity fund managed by Goldman Sachs, the renewable energy firm said on Thursday.
Global private equity firm TPG Capital is buying a stake in Hong Kong-based hedge fund sponsor HS Group Ltd (HSG) and establishing a strategic relationship with the company, HSG said in a statement on Thursday.
H.I.G. Capital has completed the acquisition of Cascades Fine Papers Group from Cascades Inc. The company will be renamed Rolland Enterprises.
Caraustar Industries, a portfolio company of H.I.G. Middle Market, is to acquire The Newark Group. Headquartered in Cranford, NJ, Newark is a manufacturer of recycled paperboard, linerboard, industrial tubes, cores and other converted product including book covers and packaging solutions.
The Sterling Group has acquired Roberts-Gordon. Headquartered in Buffalo, New York, Roberts-Gordon manufactures specialty commercial and industrial HVAC equipment as well as industrial process and finishing equipment.
Transilwrap Company, a converter and manufacturer of specialty film products, has acquired MetPro Group, a supplier of active and protective packaging systems. The Jordan Company acquired Transilwrap in November 2013. Financial terms of the private transaction were not disclosed.
TPG has formed a strategic partnership HS Group. HS Group is an independent, institutional investment firm providing long-term capital and strategic guidance to emerging hedge funds in Asia.
Lululemon Athletica Inc founder Dennis Wilson's advisers have been talking to private equity firms to find out if they are interested in buying the yoga gear maker, the Wall Street Journal reported, writes Reuters. Leonard Green & Partners is among the interested parties, according to reports.