Heritage Equity Partners acted as the investment banker to Gaspari Nutrition in the recently approved sale of substantially all of its assets to the subsidiary of Total Produce.
More than half of Allan Candy’s current manufacturing capacity is used to make Hershey products such as Jolly Rancher hard candies and Lancaster caramels for North America.
The best-selling packaged gelato in the U.S., Talenti is expected to have more than $120 million in turnover in 2014.
Acquisition broadens PerkinElmer’s analytical instruments portfolio for food and agricultural markets and strengthens its food quality analysis capabilities.
Noosa’s executive team remains in place and has retained a significant minority ownership position in the company.