Ontario Teachers' Pension Plan takes majority stake in Shearer's Snacks

The Ontario Teachers' Pension Plan said Thursday it acquired an additional equity sake in Shearer’s Snacks. The seller was Wind Point Partners. Financial terms weren’t announced. Teachers’ acquired its initial stake in Shearer’s in 2012 and now holds a majority stake. Massillon, Ohio-based Shearer’s is a contract manufacturer and private label supplier of snacks in North America.

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