China Everbright Ltd. (CEL) says its RMB Mezzanine Fund II has made an investment in Sichuan Dekang Agriculture Technology Ltd., a Chinese hog farming and quality chicken farming operator, the company said during the weekend.
The investment was completed this month, but no financial details were revealed.
Following the deal, the CEL fund will be actively involved in the company’s bolt-on acquisitions, financing activities, and implementation of modern corporate governance in order to drive Sichuan Dekang’s growth in the modern agriculture industry.
"As a manufacturer and supplier of meat, eggs and dairy products, we have the social responsibility to provide safe and quality household products to consumers, helping them live the best quality life possible," said Wang Degen, a co-founder of Sichuan Dekang.
Sichuan Dekang wa...
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