acquires Alasko Foods
Sep 13, 2010 10:36 AM
Private equity firm Catterton Partners has acquired a controlling interest in Alasko Foods Inc, a Canadian marketer of frozen fruits and vegetables to both institutional and consumer markets. Terms of the transaction were not disclosed.
Alasko specializes in importing, distributing, and marketing frozen fruits and vegetables from around the world. The company is a leading distributor in the Canadian market and has more than 230 SKUs serving all distribution channels. The companyís current retail products are sold under Alasko and MOOV brands as well as private label. Alasko has more than 100 employees.
Cattertonís food and beverage representative investments include Naya Waters, a bottled-water company in Canada; Breyers Yogurt Company, an independent yogurt company; and Vanís Foods, a developer, manufacturer, and marketer of branded, all-natural frozen waffles. Cattertonís food and beverage realized investments include the Odwalla health beverage brand and Kettle Foods.
More information about Catterton Partners can be found at www.cpequity.com/.
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