USA: Venus Wafers to be acquired by Circumspect Capital

Venus Wafers, a US-based maker of crackers and flatbreads, is to be acquired by investment firm Circumspect Capital, according to a Food Business News report

Founded in 1931, Venus Wafers is a manufacturer of organic whole grain crackers and flatbreads under the CaPeachio’s and The Original Mariner Biscuit brands, as well as supplying private label brands. The company’s portfolio includes artisan crackers, original crackers, snack crackers, stoned wheat crackers, water crackers, original flatbread, mini flatbread and lavash flatbread.

Commenting on the acquisition, Tully & Holland, who are acting as exclusive advisor to Venus Wafers, said: “The acquisition allows Circumspect Capital to participate in a long-term focused investment partnership with a widely recognized, all-natural, specialty snack cracker portfolio and private label business”.

Financial terms of the deal were not disclosed.

Source: Food Business News / Tully & Holland