Riverside acquires Kii Naturals, combines with NuStef
U.S. private equity firm Riverside Co has acquired Kii Naturals Inc, a Vaughan, Ontario creator and maker of all-natural artisan crisps, cereals, grains and other products. No financial terms were released for the deal, which will see Kii combined with NuStef Baking Ltd, a Mississauga, Ontario maker of pizelle waffle cookies and artisan crackers under the Reko brand. Riverside, which invested in NuStef in January, said it will help drive growth at both companies through leveraging a Canadian and U.S. distribution network, existing broker-retailer relationships, cross-selling and developing new products and flavours, among other strategies.
13 November 2017•3 mins read
