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CAGR through 2027. Some deals have involved PEG-backed strategics, where privateequity firms support strategic buyers in acquisitions, which are referred to below as Hybrid. Froneri’s origins date back to PAI’s acquisition of a large private label ice cream manufacturer, R&R.
Out of the Nordic countries, companies such as Novo Nordisk capitalized on massive revenue boosts from weight-loss medications (Wegovy and Ozempic) with multibillion-dollar acquisitions.
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