Tricor Founders' Freshstone Brands acquires Keybrand Foods
Tricor Pacific Founders Capital has acquired Keybrand Foods Inc, a Kitchener, Ontario manufacturer of branded and private label wet salads, hand-rolled products and fruit salads. The deal's financial terms were not released. Tricor Founders, a Canadian private equity family office, made the investment through Freshstone Brands Inc, a newly formed company under Freshstone Kitchen Inc, a prepared-foods investment platform. The investor also said it hired Steven Diakowsky as Freshstone Brands' President and CEO. In February, PE Hub Canada interviewed Richard Harris about Tricor Founders' strategy in the food, beverage and consumer-packaged-goods sectors.
13 June 2017•3 mins read
