Novacap acquires interest in nutrition bar maker Noble Foods
The industries group of Canadian private equity firm Novacap has acquired an interest in Noble Foods Nutrition Inc, a Pointe-Claire, Québec-based manufacturer of nutrition and energy bars. No financial terms were disclosed for the deal, which was done with the support of Investissement Québec. Lee Shulkin, Eric Kimmel and Alex Dehkter, who founded the company in 1999, will continue in their current roles and remain shareholders. Antoine Casimir, a Novacap principal, said his firm will help Noble Foods become the "preferred contract manufacturer in North America" by exploring acquisition and strategic opportunities that expand its production capabilities and geographic reach.
20 June 2018•3 mins read
