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Everstone sells iconic bread brand to Mexican giant, books more than 2X returns

Consumer

22 February, 2021

Everstone sells iconic bread brand to Mexican giant, books more than 2X returns

Homegrown private equity firm Everstone Capital has sold its stake in Modern Foods to a Mexican bakery firm five years ......

Grapevine: Modern Foods buys 75% of Supreme Baker; Naspers may back ElasticRun

General

03 September, 2019

Grapevine: Modern Foods buys 75% of Supreme Baker; Naspers may back ElasticRun

Everstone Capital-backed Modern Foods has acquired a 75% stake in Delhi-based Supreme Baker India Pvt. Ltd, two people aware of ......

Everstone's packaged foods platform to buy local arm of Australia's Cookie Man

Consumer

02 July, 2018

Everstone's packaged foods platform to buy local arm of Australia's Cookie Man

Private equity firm Everstone Capital has acquired the Indian operations of Australian bakery chain Cookie Man for an undisclosed amount.Everstone’s ......

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ICICI Venture in talks to invest in bakery chain

Consumer

06 January, 2017

ICICI Venture in talks to invest in bakery chain

ICICI Venture, the private equity arm of ICICI Bank, is in advanced talks to acquire a stake in a Mumbai-based ......

Everstone to buy Modern bakery business from HUL

Consumer

08 September, 2015

Everstone to buy Modern bakery business from HUL

Private equity firm Everstone Capital has agreed to acquire the bakery business of FMCG giant Hindustan Unilever Ltd housed under ......