More Milk Money for Chinese Dairy Farm, Led By Olympus
November 02, 2012
Asia-focused private equity firm Olympus Capital Holdings Asia led an investment round in China's Huaxia Dairy Farm, which brought in $50 million for the company. Olympus chipped in the lion's share of $38 million, and was joined by investors California Technology Ventures, Herostar Holdings and Grand River Capital. This is Olympus' second round with the company; the firm led a $45 million group investment last year, and now has invested a total of $68 million. Huaxia Dairy will use the new capital to fund capital expenditures and pursue expansion opportunities.