PAI Partners' Froneri, a UK-based ice-cream company, has acquired New Zealand-based peer Tip Top in a $380m transaction from dairy co-operative Fonterra.
Latest co-mingled vehicle is around a third larger than previous two programmes in the series
Deal with MidEuropa sealed after auction for ophthalmology group went quiet earlier this month
Vendor Horizon collected offers for the agricultural information services provider last week
Multi-family office will doubling down on manager selectivity, opportunities in secondaries, and family offices' interest in increasing PE exposure