Top fruit supplier Freshmax on sale for $500m
While Freshmax's owners are looking for a straight sale first, they have also suggested that they are open to an initial public offering. While not on the same scale, industry experts have compared Freshmax to the $1.1 billion sale of Costa back in 2015.
Maui Capital bought a majority stake in Freshmax back in 2011 in a deal that left most former management in place, and they are now looking to reap the benefits, according to S&P Capital IQ. Freshmax is a company which imports, distributes and wholesales fresh produce including apples and pears and supplies them locally in Australia and abroad.
source: www.afr.com
