date:May 03, 2016
US-based investment firm Clayton Dubilier Rice has agreed to buy meat processing casings maker Kalle from Silverfleet Capital for an undisclosed sum.
CDR partner Vindi Banga, who was previously part of Unilever Executive Board, will become Kalle's chairman after the deal.
The transaction is slated to be completed in the first half of 2016.
Kalle manufactures and supplies casings for the protein-processing industry such as pork, beef, poultry and vegetarian protein segments.
CDR Partner Sonj