Carvest has completed an investment of EUR 2m into food products company Groupe Olives & Co to finance the acquisition of fellow food producer Raymond Geoffroy.
Company has so far added on three companies and used its cashflow to acquire them
Responsible & Sustainable Corporate Turnaround Fund intends to support the recovery of Italian companies
Sale ends a three-year holding period for the GP, which invested in the company via its seventh fund
Ireland-based enterprise procurement software company is also backed by Paua Ventures