Announced
Completed
Financials
Tags
distribution
Friendly
Private Equity
Completed
United States
Third Party Logistics (3PL)
Private
Acquisition
protein-rich food
Single Bidder
Food Products Wholesalers
Food Products
Synopsis
Palladium Equity Partners completed the acquisition of Quirch Foods, a distributor and exporter of protein and Hispanic food products based in the US Palladium's investment was made in partnership with the owners and management of Quirch. Financial terms were not disclosed. Quirch utilizes multiple distribution centers across the US to distribute beef, pork, poultry, seafood, and other retail products to independent and ethnic grocers in the US and Puerto Rico, US national retailers, and Latin American export markets. "Quirch represents a unique opportunity for Palladium to leverage its experience investing in the US Hispanic market, founder-owned businesses, and fragmented industries. We are excited to partner with Quirch's management team along with the Quirch family to help support the Company's next phase of growth." Luis Zaldivar, Palladium Senior Managing Director.
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