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Synopsis
Wind Point Partners, a Chicago-based private equity firm, completed the acquisition of Palmex, a food products manufacturer. Financial terms were not disclosed. “The market for pellet-based salty snacks is attractive as it’s both large and growing nearly two times the rate of the broader category. We are excited about the opportunity to build this platform through organic investment in more capacity and through acquisitions. It is a great fit for our strategy of acquiring market leading companies where we can add value through executive resources,” Joe Lawler, Wind Point Managing Director.
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