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C.H.I. CEO Dave Bangert will continue to lead the company.
Javo represents the third acquisition made by Florida Food Products since Ardian acquired a majority stake from MidOcean in 2021.
The acquisition will make Facile.it the second unicorn in Italy.
'We are really bullish on-ecommerce,' said RAC's Chad Strader. 'That trend is going to continue to disrupt and revolutionize supply chains.'
Consumer & Retail news
JB, Bill, Rich and Stephen Gillette will continue to lead Gillette operations.
Agricultural fiber is 'better for the planet, but it also is cost-competitive,' said Ara's Troy Thacker.
Consumer & Retail news
The seller is Hop Lun founder Erik Ryd.
As part of the deal, Fairfax will make a $200 million investment in JCP V, JAB’s latest consumer fund.
Wheel Pros has a global network of distribution centers in North America, Australia and Europe that serves over 13,500 retailers.
Altamont and Excel’s leadership created a bonus pool that provided every employee at the company a payment at closing in recognition of their contributions.
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