14 March 2008 – The Russian media report that a fund from Capital International, one of the largest investment companies in the US, has shelled out over $150 million for a 10% stake in Russia's second largest dairy company.
This is Capital International’s first foray into the Russian Fast Moving Consumer Goods (FMCG) market.
Unimilk was founded in 2002 and is currently made up of 29 dairy companies in Russia and two in the Ukraine. It accounted for a 15% share of the Russian dairy market at the end of 2007 and reported a $1.67 billion turnover.