Old Mutual Alternative Investments finalises Chill and Inhle Beverages exit
The company was sold to a private equity consortium.
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Old Mutual Alternative Investments (OMAI) has announced the finalisation of its exit from Chill and Inhle Beverages, a fully-integrated beverages platform.
The company was sold to a consortium comprising Alterra Capital Partners, South Africa’s Mineworkers Investment Company (MIC) and Admaius Capital.
OMAI stated: "Over the years, our partnership with the management team of Chill and Inhle has driven substantial growth and transformation within the business. Our investment has not only yielded strong returns for our investors but also contributed to the development of sustainable business practices and community empowerment. As we move forward, we remain committed to identifying and nurturing high-potential investments run by high-quality management teams that align with our vision of creating lasting impact and value."
Chill and Inhle Beverages operates two production facilities in Stellenbosch, Western Cape, and Heidelberg, Gauteng. The company produces its own brands and utilises excess capacity to co-pack for multinational companies in the energy drinks and alcoholic beverages sectors.
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