Humphreys Joins Icicle Seafoods as President, CEO

Icicle Seafoods has named Amy Humphreys to the position of President and Chief Executive Officer, effective immediately. Humphreys succeeds Dennis Guhlke, who has resigned. Humphreys previously served as President of Delta Western.

Paine & Partners Completes Eurodrip Acquisition

Paine & Partners, a global private equity investment firm focused on investing in food and agribusiness has completed the acquisition of majority ownership of Eurodrip, a global manufacturer and supplier of drip irrigation solutions. As part of the investment, which was previously announced in October 2012, P&P Water Holdings purchased all of the shares of Eurodrip held by Aquanova International Holdings, a company controlled by Global Capital Investors II, a private equity fund advised exclusively by Global Finance, as well as Bellaria Holding Ltd, which together represent approximately 67.5 percent of the company’s outstanding shares.

Paine Buys Biagro Western Sales

Paine & Partners unveiled an investment platform called Verdesian Life Sciences that will invest in plant health and nutrition. Verdesian also acquired Biagro Western Sales. Financial terms weren’t announced. Visalia, Calif.-based Biagro provides plant nutrition products. PRESS RELEASE Paine & Partners, LLC (“Paine & Partners”), a global private equity investment firm, today announced the establishment […]

Icicle Seafoods Inks Deals for Snopac Products

Icicle Seafoods, which is backed by Paine & Partners, has agreed to buy Snopac Products. Financial terms weren’t announced. Seattle-based Snopac is fish processing company. PRESS RELEASE Icicle Seafoods, Inc. (“Icicle”), one of the largest and most diversified seafood companies in North America, today announced that it has reached a preliminary agreement to acquire Snopac […]

Paine & Partners Back Australian Produce Co.

Private equity firm Paine & Partners has made a strategic investment in Australia’s Costa Group, which is a grower and marketer of fresh produce. Terms of the deal, which is expected to close later this year, were not disclosed. Paine & Partners focuses on investments in the food and agribusiness industries.

Paine & Partners Buys Scanbio Marine Group

Private equity firm Paine & Partners said that it will buy Scanbio Marine Group, producer of fish protein concentrate, fish meal and fish oil, from its parent company Scanbio AS. Scanbio AS is owned by Rolf Eide, Per Arne Eide, Nordic secondary direct fund Verdane Capital IV and other shareholders. Terms of the deal were not released. Scanbio is based in Trondheim, Norway.

Paine & Partners Adds Browne

New York private equity firm Paine & Partners will add David Browne to work in its headquarters as a principal. Browne will work on new investment opportunities and alongside existing management teams’ portfolio assets.

WireCo WorldGroup Adds On

WireCo WorldGroup, a wire rope maker owned by Paine & Partners, has acquired Phillystran Inc., a Montgomeryville, Penn.-based high tenacity fiber ropes, strands, braids and strength members. No financial terms were disclosed.

Lance Stier Joining Candy Company

Lance Stier will become VP of business development with Nassau Candy Distributors Inc., effective next Monday. He had been an associate with private equity firm Paine & Partners.

PE HUB Community

Join the 12525 members of PE HUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget