Littlejohn Completes CTI Foods Purchase

Littlejohn & Co. has completed its acquisition of CTI Foods Inc. from CIC Partners. No financial terms were disclosed. CIC Partners formed CTI Foods in 2003, via the acqusition and merger of SSI Food Services and S&S Foods LLC from J.R. Simplot Company. The Wilder, Idaho-based company already had a processing facility in California, and later would […]

CTI Foods In Talks To Switch Sponsors

Littlejohn & Co. is in talks to buy CTI Foods Inc. from CIC Partners, according to a recent list of transactions granted early termination of the HSR waiting period. No pricing terms were disclosed.

Both Littlejohn and CIC Partners declined comment, although a source tells me that “this is far from done.”

CIC Partners formed CTI Foods in 2003, via the acqusition and merger of SSI Food Services and S&S Foods LLC from J.R. Simplot Company. The Wilder, Idaho-based company already had a processing facility in California, and later would add a couple in Texas, in order to provide frozen, fresh and precooked food products to restaurant chains like Wendy’s and Taco Bell.

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