Wind Point Partners, a Chicago-based private equity investment firm, today announced it has signed an agreement to acquire Shearer’s Foods. The transaction is expected to close in October.
Based in Brewster, Ohio (US), Shearer’s is a producer of private label salty snacks in North America.
Wind Point is partnering with CJ Fraleigh, who is joining Shearer’s as chairman and CEO. CJ, who most recently served as CEO of Sara Lee – North America, has 25 years of experience in consumer products.
Source: Wind Point
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