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New Deal


Announced

Kainos-backed Kettle Cuisine acquired Harry's Fresh Foods.

Financials

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Transaction Value-
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Capital Bid For100%
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Private

Friendly

Food Products

fresh soups

Private Equity

United States

Acquisition

Single Bidder

Synopsis

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Kettle Cuisine, a leading artisan producer of refrigerated and frozen all-natural soups and Kainos Capital portfolio company, acquired Harry's Fresh Foods, a privately held custom food manufacturing company based in Portland, Oregon. The transaction strengthens Kettle Cuisine's leadership in the fresh soup category as the only coast-to-coast fresh soup producer. "Harry's is a great business and a welcome addition to Kettle Cuisine," says Liam McClennon, CEO of Kettle Cuisine. "Its strong reputation in the marketplace reflects its high caliber team members, customer relationships, and premium product portfolio, all of which fit seamlessly into Kettle's growth strategy. Kettle remains committed to its culinary roots of artisan, clean label food while providing our customers and consumers with the highest levels of food safety, customer service and the efficiencies of scale production. Acquiring Harry's will bring an expanded manufacturing footprint to Kettle Cuisine and further enhance our ability to deliver on that promise."

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