Announced
New Heritage Capital invested in Welcome Dairy.
Synopsis
Private equity firm New Heritage Capital invested in Welcome Dairy, a leading provider of dairy flavorings, cheese sauces, seasonings and functional cheese. Financial terms were not disclosed. “Welcome Dairy has been our family’s business going back nearly seventy years, and it was important for us to find a partner who would enable us to retain operating control and preserve our legacy,” said Terry Eggebrecht, CEO of Welcome Dairy.
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