Saco Foods

Saco Foods, a US manufacturer of shelf-stable products and a portfolio company of Fengate Private Equity and Weathervane Investment Corp, has announced the acquisition of Quinoa Corporation and its brands Ancient Harvest and Pamela’s from Encore Consumer Capital. Founded in 1983, Ancient Harvest is known for bringing quinoa to the US market and also makes plant-based products such as gluten-free pasta and polenta. The Pamela’s portfolio meanwhile includes gluten-free pancake …

Fengate Private Equity, a division of investment fund Fengate Asset Management, has announced the acquisition of Saco Foods, a US manufacturer of shelf-stable products for an undisclosed sum. Founded in 1973, the company had been owned by Benford Capital Partners since 2016, during which time it underwent a process of recapitalization. Saco Foods is described as a leading specialty consumer packaged goods company primarily retailing through supermarkets, mass retailers and …