Greenwich Conn.-based Brynwood Partners announced that its majority-owned portfolio subsidiary, Stamford, Conn.-based Harvest Hill Beverage Co., acquired the beverage manufacturing assets of Faribault (Minn.) Foods Inc. These assets include a Safe Quality Food (SQF) Institute Level III-certified manufacturing plant in Elk River, Minn.
Constructed in 2001, the plant serves as a private label supplier and contract manufacturer of pouch products for several brands.
“The addition of Faribault’s beverage assets to Harvest Hill’s existing pouch manufacturing capabilities will enable Harvest Hill to continue to expand on its growing product line in the pouch format,” said Henk Hartong, chairman and CEO of Brynwood Partners and chairman of Harvest Hill, in a statement.
“This acquisition enhances Harvest Hill’s position as one of the largest independent manufacturers of beverage pouches in the U.S., and we are excited to continue to grow our brands in the segment,” added Harvest Hill CEO Doug Gillespie.