Glencoe adds Robert Rothschild Farm to portfolio

Glencoe adds Robert Rothschild Farm to portfolio

US-based sauces and dips maker Robert Rothschild Farm has been sold to local private-equity firm Glencoe Capital Management.

The Ohio-based Robert Rothschild Farm makes products in small batches, with brands including Game Day Gourmet, Made in Napa Valley and Vineyard Pantry. The company offers a range of gluten-free, organic and non-GMO products.

The company will be merged with US fruit-based food manufacturer Clearbrook Farms, a company Glencoe acquired last year.

Glencoe said the two companies will "bring expanded capabilities around innovation, new product offerings and consumer preferences to a diversified customer base".

"Rothschild has strong brand awareness and a focus on innovative products that are recognized as best-in-class within the specialty food market," David Evans, the chairman and CEO of Glencoe, added. "This is an investment in long-term growth. These two businesses are compelling specialty food providers with a strong future together, serving consumers' rapidly growing desire for all-natural, premium food products."

Financial details of the deal have not been revealed.

Clearbrook president and CEO Andy Liscow said the companies would benefit from being able to provide an expanded range to customers. "Like Rothschild, Clearbrook Farms has a long history as a category leader. Working together, we will benefit from and complement each other's expertise and provide broader product capabilities to our customers," Liscow said.