Multiples picks up 50% stake in agri-processing equipment maker Milltec

Renuka Ramnath’s Multiples Alternate Asset Management Pvt Ltd has reached a deal to acquire 50 per cent stake in agri-processing equipment maker Milltec Machinery Pvt Ltd. The deal involves buyout of the stake held by a few promoters of the Bangalore-based company, who will exit with this transaction.The transaction involved ......