Managing Director at Greenwich Capital Group and Townsend Street Capital I Food & Beverage / Consumer Products I Investment Banking I Private Equity and Venture Capital Investor
Excited to announce our most recent transaction in the Food & Beverage sector at the core of the trends we are seeing in the market. We continue to see a lot of activity in the co-manufacturing sub sector as more brands seek out manufacturing capacity with collaborative partners with a history of excellence, such as Axium Foods. As new entrants into the space continue to focus on branding and marketing, the demand for manufacturing capacity across all sectors will continue to increase.
Greenwich Capital Group is pleased to announce its role as the exclusive financial advisor to Axium Foods, Inc. on its sale to Cheeze Kurls (“CK Snacks”) a portfolio company of Nexus Capital Management. This transaction adds to GCG’s extensive experience in the co-manufacturing and food and beverage sectors. Axium Foods, Inc. is a leading manufacturer of savory snack foods, based in South Beloit, IL. Founded in 1960, the Company has a long-standing industry position as a premier co-manufacturer and private label partner for global, blue-chip retailers and CPG platforms. Axium offers a diverse product portfolio, including tortilla chips, corn chips, and extruded snacks, with a well-established reputation as a reliable partner with nimble production capabilities. The acquisition solidifies CK Snacks’ position as a leader in the snack food industry as the combined company will enhance offerings to both existing and new customers and benefit from continued robust demand for manufacturing capacity across the market. Both companies will continue to operate from their respective locations with a shared focus on consistently delivering high-quality snack products. Read the full announcement here: https://lnkd.in/gBdRK8Uw Joe Schmitt Andrew Dickow #closeddeal #investmentbanking #mergers #acquisitions #ebitda #foodandbeverage #snackfoods #copacking
Congrats Andrew!
Senior Vice President, Business Development at CORE Industrial Partners
2moIt was good to see you today!