Actis bets on wolfberries

International private equity comes to the world of wolfberries in a fruitful deal.

International private equity firm Actis has made a $10 million investment for a 20%-30% stake in China Wolfberry Holding Company. The company is China's largest producer of wolfberry wine sold under its main brand Ning Xia Hong.

For those not up to speed on the latest trends in fruit, Wolfberries are rich in beta carotene and vitamin C with widely believed health benefits in mainland China and increasingly elsewhere. The fruit is now appearing in trendy...

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