CapMan Russia Exits Russian Baltic Pork Invest (CEE and CIS)
Source: CapMan Russia
Russia-focused private equity firm CapMan Russia, a subsidiary of Finland-based fund manager CapMan Group, has sold its holding in Russia-based pig farm operator Russian Baltic Pork Invest (RBPI) to Thailand-listed agro-food company Charoen Pokphand Foods. The transaction was structured through CapMan Russia Fund. Prior to the transaction, CapMan Russia, which originally invested in RBPI in 2008, owned 24 percent of RBPI. The company plans to expand its operations to mainland Russia and establish three additional pig farms between 2015 and 2018. Financial details of the transaction were not disclosed.