Coqueiro is one of the most famous brands in Brazil. (Photo: Stockfile/FIS)
(BRAZIL, 7/27/2017)
Food producer Camil Alimentos submitted a request to the Securities and Exchange Commission (CVM) for an initial public offering (IPO).
The operation, scheduled for October, aims to release current shareholders of the company and raise new resources.
Among its main shareholders, the group has the investment fund Warburg Pincus, which last year acquired a 31.75 per cent stake.
In 2011, Camil bought canned fish producer Coqueiro, until then owned by PepsiCo, with the purpose of diversifying its line of products "beyond rice and beans." The company has already operated in the fish segment through (More Info)