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Sunny Delight to Sell Western European Sunny Delight Juice Drinks Business

Posted on: December 9, 2010 by Luisa BeltranNo Comments »

Sunny Delight Beverage Co., which is backed by J.W. Childs Associates, is selling its Western European Sunny Delight juice drink business to Orangina Schweppes. Financial terms of the deal weren’t disclosed. Sunny Delight Beverage Co. has also agreed to buy the J.M. Smucker Co.’s plant in Sherman, Texas. Sunny Delight also said that it’s investing more than $70 million to upgrade its five North American plants and data systems to buy the plant in Texas. J.W. Childs, a Boston PE firm, owns a majority of Sunny Delight.

How Are Portfolio Companies Handling Their Debt?

Posted on: December 16, 2008 by Erin GriffithNo Comments »

Below, the latest round of S&P ratings headlines on a few private equity-backed portfolio companies. Listings with asterisks denote inclusion in S&P’s Weakest Links list.

December 16, 2008
Brookstone Inc. Outlook Changed To Negative; ‘B’ Corporate Credit Rating Affirmed. Brookstone is backed by J.W. Childs Associates and Temasek Holdings.

Perkins & Marie Callender’s Inc. Downgraded To ‘CCC’ On Note Payment Concerns. Perkins & Marie Callendar’s Inc. is backed by Castle Harlan. ***

Del Frisco’s Restaurant Group Outlook Changed To Negative;’B’ Corporate Credit Rating Affirmed. Del Frisco’s is backed by