Announced
Completed
Synopsis
KENT, a manufacturer and worldwide marketer of food, beverage and agriculture products, completed the acquisition of Frosty Boy, a manufacturer and distributor of soft serve and Frozen Yogurt products, from Advent Partners, a growth capital firm. Financial terms were not disclosed. “We are excited for KENT Precision Foods Group and Frosty Boy to join forces and expand what we each do best while leveraging our synergies. Together, our brands and products help people create meaningful experiences and long-lasting memories,” Mike Eversmeyer, KENT President of Precision Foods Group.
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