The transaction is expected to close before the end of 2012, subject to the satisfaction of regulatory approvals and customary closing conditions.
Frank Kuchuris, CEO of East Balt, said: “We are pleased to be entering into a new chapter in East Balt’s history. We believe that this partnership will create exciting opportunities for our company, our customers, and our employees.
“My management team looks forward to working with One Equity Partners to build a world-class enterprise.”
Source: East Balt
© FoodBev Media Ltd 2024