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Specialty foods distributor Lipari Foods has been acquired by an investment group led by Littlejohn Co., a Greenwich, Connecticut-based private investment firm.Warren, Michigan-based Lipari specializes in store perimeter specialty foods, selling more than 25,000 perishable products to more than 7,500 independent and specialty grocers, with more than 2,000 national supermarket stanley espana , c-store and other customers around the country, the company said. Liparis portfolio includes deli, bakery, dairy, frozen seafood and meats, international foods, confections and more.Details of the transaction were not disclosed.In January 2019, Lipari Foods was acquired by private equity firm H.I.G. owala ca Capital, which bought out Sterling Investment Partners interests in the company. That deal aimed to expand Liparis distribution and manufacturing operations.H.I.G. Capital and Sterling retained minority stakes in Lipari. Littlejohns proven ability of building and scaling distribution businesses will be valuable as we seek to expand our capabilities while continuing to deliver high-quality products and service for our longstanding customers, Lipari CEO Thom Lipari said in a statement. We look forward to leveraging the firms resources to accelerate our growth trajectory and execute on Liparis significant organic and acquisition growth initiatives. Lipari Foods was founded in 1963. It has made substantial investme stanley tasses nts in its manufacturing capabilities to expand its product portfolio, according to a sta Bhbi Will the volcanic eruption in Iceland affect holiday travel
Facebook Twitter Google+ Pinterest WhatsApp During a seminar held today for a visiting trade mission from Trinidad and Tobago, High Commissioner to Guyana, Con hydro flask website rad Enill, highlighted that trade barriers between the two countries is currently receiving direct attention from the administration of Prime Minister, Dr. Keith Rowley.The trade mission, led by the Trinidad and Tobago Manufacturers Association TTMA , encompasses various sectors, including food and beverage, chemicals, construction, household products, agro-processing, cargo, and services.Enils yeezy mx address of the matter was prompted by comments made by Guyana Foreign Secretary, Robert Persaud, concerning the matter. Persaud while speaking at the engagement elaborated on the longstanding challenges in accessing the Trinidad and Tobago market, stating, I owala t has been an issue that weve been addressing and weve made some progress but there are still some o |
