Greenfields Dairy Singapore Pte Ltd

Based in Singapore, Greenfields Dairy Singapore Pte Ltd specializes in producing high-quality dairy products sourced from its own farms, focusing on fresh milk and its derivatives. Founded in 1997, Greenfields Dairy operates out of Singapore and is known for its production of dairy products derived from fresh milk. The company was recently acquired in December 2020, when TPG and Northstar Group purchased an 80% stake for USD 236 mn. This acquisition values the company at USD 295 mn.

Greenfields offers a diverse range of dairy products that includes fresh milk, UHT milk, yogurt, yogurt drinks, cheese, and whipping cream, made from 100% fresh milk sourced from its own farms. These products cater to both individual consumers and commercial establishments, focusing on promoting digestive health and providing high-quality ingredients for culinary needs, particularly in regions like Indonesia. In the most recent fiscal year of 2023, Greenfields Dairy reported a revenue of USD 124. 01 mn and an EBITDA of USD 7.

55 mn. The company's structured distribution model includes both direct-to-consumer and retail partnerships, enabling flexible purchasing options for various consumer segments. The recent investment from TPG and Northstar Group will support Greenfields Dairy in accelerating its growth within Southeast Asia. The company aims to expand its product line with new offerings and increase its market presence in targeted regions.

The strategic utilization of the USD 236 mn from the latest funding round will enhance operational capabilities and support market expansion initiatives.