Multinational food and drinks giant Nestle, has announced the sale of its pasta brand Buitoni to private equity firm Brynwood Partners for an undisclosed sum. The acquisition includes the rights of the brand to sell in the US, Canada, and Caribbean territories along with a 240,000 square foot processing facility located in Virginia. Henk Hartong III, chairman and CEO of Brynwood Partners, said: “We are thrilled to add the famous …
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Brynwood Partners
Minnesota, US based beverage maker Cold Spring Brewing has been acquired by Brynwood Partners, as the private equity firm further expands its portfolio of consumer brands. Founded in 1874, Cold Spring Brewing produces non-alcoholic and alcoholic beverages and beer for other companies’ brands and retailer private labels, as well as brewing beer under their own brand. The company employs about 350 workers and records annual sales of more than $60 …
Brynwood Partners, the investment group that owns the Juicy Juice brand, has announced that its majority-owned portfolio company Harvest Hill has acquired the beverage manufacturing assets of Faribault Foods, a producer of pulses, canned foods and snacks and part of the La Costena group. Faribault Foods’ beverage assets include a manufacturing plant in Elk River, MN, USA, which serves as the leading private label supplier and contract manufacturer of pouch products …
Private equity firm Brynwood Partners has announced that it has agreed the acquisition of Sunny Delight Beverages from JW Childs. Based in Cincinnati, OH, USA, Sunny Delight Beverages was formed by JW Childs in 2004 in order to acquire the Sunny Delight brand from Procter & Gamble. Sunny Delight became an independent national beverage company and now turns over more than $400 million in gross sales, operates four manufacturing facilities …
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