LDC has backed the management buyout of UK-based savoury pastry business Addo Food Group from Vision Capital, alongside private investment fund Fullbrook Thorpe Investments.
Deal marks the first acquisition for the GP's latest vehicle, Alto Capital IV
Second bolt-on completed by Valco since Argos Soditic became majority shareholder in 2014
Asset management business will look to expand its regional network and make bolt-on acquisitions
Firm plans to expand domestically and internationally, primarily in Asia