Iansa sells pet food business

Iansa sells pet food business

M&A Equity Chile Brazil

Chilean agribusiness Empresas Iansa said it has reached a deal to sell 100% of its LDA pet food division to Brazil's Camil Alimentos for CLP37 billion ($47.6 million), which is seeking to expand and diversify its business in the country. The deal includes LDA's brands, business and a plant in Santiago, Iansa said in a securities filing. Iansa, a subsidiary of UK-based commodity trader ED&F Man, said LDA, operating under the brands Cannes, Felinnes, Charly and Minninos, is one of the leading

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