Announced
Financials
Tags
United States
foodservice
Food Products
Acquisition
Private Equity
Majority
Friendly
waffle mix
Domestic
Private
Pending
Single Bidder
Synopsis
Arbor, a private equity firm, agreed to acquire Golden Malted and Heartland Waffles, from Roch Capital, a combined entity supplier of waffle irons and waffle mix to the hospitality and foodservice industry. Financial terms were not disclosed. “We are incredibly excited to bring Golden Malted-Heartland into the Arbor portfolio. Our specialized approach will enable us to further expand the Company’s distribution, innovate its product offerings, and optimize the supply chain.”George Russell, Arbor Vice President.
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