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Black Toro invests in ice cream maker Farggi to acquire rival company

Luciano Figari 12 April 2017

Black Toro has invested in Farggi as it has acquired Menorquina, creating Spain’s largest ice cream manufacturer.

Black Toro’s investment has been structured through a combination of equity and convertible debt.

The funds will be used for working capital, integration costs and restructuring...

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