Private Equity Liquidity Events
Roha Dyechem acquires Saraf Foods
Mumbai-headquartered good colour and ingredients company Roha Dyechem has acquired a 100% stake in Saraf Foods Limited, a Vadodara-based freeze-drying specialist food processing company having a significant presence in the US, Europe, and Latin America.
The deal provides an exit for DSG Consumer Partners, IFU, and UK-based Pedoria Group along with the promoter Suresh Saraf and his family.
MGB Advisors acted as an advisor to the transaction. JSA and Parinam Law acted as legal advisors to sellers and buyers respectively.
Company website ↗ (opens in a new tab)
From the Venture Intelligence PE-VC Deal Database: Between Dec-13 and Jun-17, Saraf had raised over USD 6.5 M from DSG, IFU and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)