Announced
Completed
Financials
Sources
Tags
production
food products
Food Products
Australia
Private
Acquisition
Completed
Single Bidder
Private Equity
Friendly
Majority
Synopsis
George Weston Foods, an Australia and New Zealand food manufacturer, completed the acquisition of Yumi’s Quality Foods, an Australian chilled food manufacturer. Financial terms were not disclosed. “We are thrilled with the acquisition of Yumi’s. From humble beginnings, Yumi’s has become a leading player in the chilled dips and vegetarian categories, muscling out larger competitors by staying loyal to their principles of never compromising on quality and taste. We look forward to working with the Friedman brothers and all the Yumi’s staff, customers and suppliers to continue to strengthen and grow the business,” Stuart Grainger, GWF CEO.
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