Meridian Capital, PAG provide $225M to Food Union Group
February 09, 2017
Food Products | Riga, Latvia | PE Growth
Meridian Capital and Pacific Alliance Group have invested $225 million in dairy and ice cream provider Food Union Group. PAG led the round with a $170 million investment, while Meridian, which first backed the company in 2013, provided another $55 million. The funds are expected to help the dairy company expand in China.