Huaxia Dairy Raises US$50 Million of Additional Capital (Asia)
Source: Huaxia Dairy
Asia-focused private equity firm Olympus Capital Holdings Asia has led an investment round of US$50 million in China’s Huaxia Dairy Farm, a producer of milk and dairy products. Additional investors in the round includedCalifornia Technology Ventures, Grand River Capital and Herostar Holdings. Olympus Capital previously led a US$45 million investment round in Huaxia Dairy in July 2011. Having invested US$38 million in this most recent round, Olympus Capital’s total committed capital to the company is US$68 million.