Announced
Completed
Financials
Tags
Acquisition
Completed
Friendly
United States
Food Products
Private Equity
food supply
ready-to-eat
Private
Single Bidder
Synopsis
Private equity firm Halifax Group invested in Prairie Industries and Nu-Pak, collectively a leading contract packager and manufacturer of consumer products and ready-to-eat food. Financial terms were not disclosed. "As consumer product companies continue to outsource their increasingly complex packaging and manufacturing needs, there is a growing demand for the high-quality services offered by Prairie Industries and Nu-Pak. As part of an active, thesis-driven search process, we have evaluated businesses in the sector for several years and believe that this business sets itself apart through its specialized offerings, flexible service model, superior customer service, and best-in-class product quality and food safety," Scott Plumridge, Partner at Halifax.
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