Schroder British invests in food commodity pricing firm Mintec

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Schroder British Opportunities Trust PLC on Tuesday it has made an investment in Mintec Ltd.

Buckinghamshire, England-headquartered Mintec is a provider of food-related commodity prices, forecasts, and advanced analytics to over 750 companies.

Schroder British said that the investment is in line with its ‘focus on backing well positioned, high growth UK businesses, with opportunities for significant expansion herein and a strong alignment between shareholder value and a fundamental positive purpose in society.’

The investment firm added that Mintec has a ‘strong’ environmental, social, and governance focus.

The size of the investment was undisclosed.

Tim Creed, head of Private Equity at Schroders, commented: ‘We are delighted to announce SBO's seventh private equity investment...We are excited to be part of the next phase of growth of Mintec, which has a very large addressable marketplace and is, additionally, proving highly resilient to current macro trends.’

‘In addition to Mintec, the private equity team has been working to finalise other exciting opportunities and we look forward to announcing these new investments in the very near future.’

Schroder British was trading 2.3% lower in London on Tuesday morning at 84.00 pence.

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