Lipari Foods, a US food manufacturer, importer and distributor, has acquired local peer Troyer Cheese.
Warren, Michigan-based Lipari delivers a wide range of high-quality deli, bakery, dairy, speciality retail, seafood, packaging, confections, and organic food and beverage products to more than 13,000 retail locations across 14 states.
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Ohio’s Troyer, founded in 1959, is a speciality food distributor, manufacturer, and processor engaged in the distribution, processing, and manufacturing of deli, cheese, jar goods, confections, and other speciality food products, to 2,400 grocery retail customers across 48 states.
The financial details of the deal have not been disclosed.
Thom Lipari, president and CEO of Lipari, said: “Troyer is an excellent strategic fit that builds on Lipari’s heritage in deli, dairy, confectionery, and other speciality food categories. Additionally, we are eager to continue building our speciality food manufacturing capabilities and look forward to extending our geographic reach further across the Midwest.”
See Also:
Troyer is the second add-on acquisition that Lipari has completed since private equity firm H.I.G. acquired it in January.
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