Wind Point-backed Palmex completed the merger with Benestar Brands.

Wind Point-backed Palmex, a manufacturer of better-for-you and Hispanic snack pellets for salty snacks, completed the merger with Benestar Brands, a manufacturer of branded and non-branded ethnic salty snacks. Financial terms were not disclosed. “The merger is an excellent fit. We discussed the combination of Evans Food Group with Palmex several years ago, but the timing was not right. Benestar’s brand equity and Palmex’s pellet manufacturing expertise will create new market opportunities and operating efficiencies. We are excited to continue investing in new product development and expansion,” Joe Lawler, Wind Point Managing Director.