GREENWICH, CONN. — Brynwood Partners VII L.P.’s majority-owned portfolio company, Harvest Hill Beverage Co., has acquired the beverage manufacturing assets of Faribault Foods, Inc. Terms of the transaction were not disclosed.
Faribault Foods Inc.’s beverage assets include a SQF Level III-certified manufacturing plant in Elk River, Minn. The plant, constructed in 2001, serves as the private label supplier and contract manufacturer of pouch products to beverage brands such as Sunny Delight, Juicy Juice and Back to Nature.
|Henk Hartong, chairman and c.e.o. of Brynwood Partners and chairman of Harvest Hill|
“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 chief executive officer of Brynwood Partners and chairman of Harvest Hill. “With several leading brands under the Brynwood Partners umbrella participating in the pouch format, including Juicy Juice Splashers, Back to Nature and Sunny Delight, we are excited to increase Harvest Hill’s manufacturing flexibility by adding geographic diversity to its existing production capacity.”Based in Stamford, Conn., Harvest Hill was formed in June 2014 to acquire the Juicy Juice brand from Nestle USA, Inc.