Announced
Completed
Synopsis
Frontenac Partners, a private equity firm, Prime Foods, an Asian food manufacturing business, and Chan & Chan, a manufacturer and importer of Chinese and Asian-style products, formed a joint venture. Financial terms were not disclosed. “I am excited to partner with Howard and the Frontenac team as we embark on the next stage of growth for CCI Prime. We believe Howard’s industry experience, combined with Frontenac’s track record of partnering with food businesses, makes them the perfect partner for us,” Albert Chan, Prime Foods President and Founder.
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