Japfa to buy out Proterra fund stake in AustAsia dairy business units for $263m

Japfa to buy out Proterra fund stake in AustAsia dairy business units for $263m

Photo: Pixabay

Agri food company Japfa Ltd is taking full control in its dairy arm AustAsia by acquiring the remaining stake in the business from private equity firm Proterra Investment Partners-backed fund for $263.1 million. The move is in line with its efforts to tap into opportunities in Asia’s growing dairy business.

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