Darby Gets into Dall Deal (Latin America)

Source: Darby Overseas Investments

Darby Overseas Investments, the private equity arm of Franklin Templeton Investments, has invested BRL35 million (approximately US$17.1 million) in Dall, a Brazilian supplier of foods and logistics services for hotel and offshore platforms. The investment was made through Darby’s BRL387.5 million (approximately US$235 million) Brazil Mezzanine Infrastructure Fund, which has made five investments since 2008. Dall plans to use the capital to acquire new equipment, improve its existing distribution facilities and expand geographically.