Luckin Coffee secures $240m private equity funding China’s Luckin Coffee has raised $240m in a round led by private equity firm Centurium Capital. Joy Capital will also participate. Read more.

RTD brand Big Easy Blends gets private equity backing Big Easy Blends, which makes health-focused drinks, has received investment from Clover Capital Partners and Granite Creek Capital Partners. Read more.

Piper backs Wild Nutrition Private equity house Piper has invested £5m in the natural health supplements brand Wild Nutrition. The business' products are available to buy in retailers such as Planet Organic, Whole Foods and Harrods. Read more.

Carlyle takes majority stake in Beautycounter The multinational private equity firm has taken a majority stake in Beautycounter, a digitally-native clean beauty brand. This investment values the California-based business at $1bn. Read more.

Kainos Capital sells Ferraro Foods Private equity firm Kainos Capital has offloaded the US speciality foodservice distributor, Ferraro Foods, to funds managed by Kelso & Company. Ferraro Foods mainly serves the Italian restaurant and pizzeria sector in the US. Read more.

Hammerson in talks with Brookfield The shopping centre giant, which owns Birmingham's Bullring among others, has confirmed that it is in talks to sell its retail parks to Canadian private equity firm Brookfield. Read more.