Permira -backed animal nutrition group Provimi SA has sold the majority of its fish feed activities to Biomar , a Danish supplier of fish feed. Biomar is taking over the fish feed activities in Chile, Denmark and Spain, which represent about 90% of Provimi's fish feed business or close to 10% of the annual consolidated sales. The divestment in Chile includes the sale of a 50% share in the joint venture with AquaChile, which is subject to first right of refusal. The transaction is subject to approval from the antitrust authorities.
Company plans to open offices in New York and Los Angeles, and launch a new SaaS product
Bridges drew equity from its Evergreen fund, which held a final close on £50m in July 2018
Fund targets European companies operating in the consumer, industrial and healthcare services sectors
GP launched a small-cap strategy in Q3 to back companies of the size of ID Systemes