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Growtheum Capital Partners completed investments in IDP

Congratulations to Growtheum Capital Partners on successfully completing the two-tranche investment totaling approximately US$100 million in International Dairy Products JSC (IDP).  VILAF is honored to have advised the transaction.

VILAF Partner Duyen Ha Vo, Senior Associates Thuan Mai and Quynh Anh Le, and Associates Nhu Le and Khanh Le have advised Growtheum Capital Partners in the transaction.

The investment included a secondary share tranche and a private placement tranche, in which Growtheum Capital Partners acquired an aggregate of 12.6% stake in IDP.  IDP operates multiple manufacturing facilities, with two located in Hanoi and one in Ho Chi Minh City.  These facilities produce a range of dairy products, including fresh milk, chocolate milk, yogurts, and malt drinks, marketed under various brands such as Ba Vi, Kun, and LIF.

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