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Saco Foods announces acquisition of Ancient Harvest and Pamela’s
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Thursday, 29 August, 2024, 08 : 00 AM [IST]
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Wisconsin, USA
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Saco Foods, a branded, niche market-leading food products company has completed the acquisition of Quinoa Corporation and its brands Ancient Harvest and Pamela’s. The company, a portfolio company of Fengate Private Equity and Weathervane Investment Corp., announced that it acquired Quinoa Corporation and its brands from Encore Consumer Capital. Terms of the transaction were not disclosed. Quinoa Corporation was advised on the transaction by Green Circle Capital Advisors.
This acquisition adds two category and industry-leading brands to the growing its portfolio that naturally align with its commitment to excellence and providing high-quality food products to its customers and end consumers.
Tom Walzer, CEO of Saco Foods, said, “We are excited to welcome Ancient Harvest and Pamela’s into our family of brands. Broadening our offering with their quality products complements our existing portfolio and leverages our shared service platform to improve service and reinvest in innovation to drive the organic growth of these great legacy brands.”
John Becker, former CEO of Quinoa Corporation and now president of Ancient Harvest and Pamela’s, said, “I am excited to be joining the Saco platform, as it is a natural fit for our brands. With the support of Saco, we have a great opportunity to reinvigorate these brands and expand our distribution while maintaining the high-quality standards our customers and end consumers expect.”
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