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Ackermans & van Haaren invests 22 million euros in VKC Nuts
Globenewswire· 2025-09-25 05:00
Group 1 - Ackermans & van Haaren (AvH) has agreed to invest 22 million euros in VKC Nuts Private Limited, a prominent family business in the nuts and dried fruits sector in India [1] - Following the investment, AvH will acquire a 16.6% stake in VKC Nuts and will have representation on its board of directors [1] - The closing of this investment is anticipated in the fourth quarter of this year [1]
Ackermans & van Haaren invests 22 million euros in VKC Nuts
Globenewswire· 2025-09-25 05:00
Core Viewpoint - Ackermans & van Haaren (AvH) has agreed to invest 22 million euros in VKC Nuts Private Limited, a prominent family business in India's nuts and dried fruits sector, acquiring a 16.6% stake and a board representation upon closing of the investment expected in Q4 of this year [1]. Company Summary - The investment amount is 22 million euros [1]. - AvH will hold a 16.6% stake in VKC Nuts after the investment [1]. - The investment is anticipated to close in the fourth quarter of this year [1]. Industry Summary - VKC Nuts operates in the fast-growing nuts and dried fruits sector in India [1].