Bom Gosto and PE-backed LeitBom Will Merge

Brazilian dairy producers Bom Gosto and LeitBom plan to merger operations, Reuters reported, in order to compete better in global markets. LeitBom is owned by Monticiano Participacoes, a joint venture between private equity firms Laep Investments and GP Investments. The newly combined company, called Lacteos Brasil will have annual sales of roughly 3 billion reais ($1.8 billion), Reuters said.

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