Controlling stake in Natur Bravo sold to group of European private investors

Horizon Capital, a leading private equity fund manager, has sold its controlling stake in Natur Bravo, the largest fruit and vegetable processor in Moldova, to a group of European private investors, reports a press release from Horizon Capital.

Natur Bravo was owned by Emerging Europe Growth Fund, LP, one of the three funds managed by Horizon Capital in the region. Horizon Capital had worked with Natur Bravo to expand its product assortment, attract a high quality management team and improve the company’s business strategy.

“Natur Bravo has been a successful investment for EEGF, and we are very pleased to see such a profitable exit during these economically challenging times. Natur Bravo has made outstanding progress in the marketplace over the past few years and will certainly continue to do so,” said Iryna Starodubova, Horizon Capital partner.

Horizon Capital is a private equity fun d manager that originates and manages investments in mid-cap companies with outstanding growth and profit potential in Ukraine, Moldova and Belarus. Currently, Horizon Capital manages three funds, Emerging Europe Growth Fund II (EEGF II), Emerging Europe Growth Fund (EEGF) and Western NIS Enterprise Fund (WNISEF), with over $600 million under management. According to Horizon Capital, Natur Bravo is the largest fruit and vegetable processor Moldova. The company’s production facilities are located in two regions, Cupcini and Floresti, in the north of Moldova, which is one of the most horticulture-friendly regions of the country.

Info Prim-Neo