Let’s also not forget the Quadrant invested $100m at a $200m valuation into My Muscle Chef late last year.
The ready made meals market has continued to grow in Aus since then.
Given YouFoodz would be streets ahead of them on many metrics, including breadth of range and customers, you would think that there are a few private equity groups running their eye over this very closely right now.
https://www.copyright link/street-talk/my-muscle-chef-cooks-up-private-equity-deal-with-quadrant-20201026-p568j3
Ann: Youfoodz enters Scheme Implementation Deed with HelloFresh, page-66
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