Fundz

CD&R Completes Acquisition of Shearer's Foods

PRIVATEFeb 13, 2024

Acquiring Company

Clayton Dubilier & Rice

Acquired Company

Shearer's Foods

New YorkMassillonFinancial ServicesFinanceInvestment ManagementManufacturingFood And Beverage

Description

Clayton Dubilier & Rice (CD&R) has completed its acquisition of Shearer's Foods, a leading contract manufacturer and private label supplier serving the snack industry in the United States and Canada, from Ontario Teachers' Pension Plan Board. The acquisition is expected to strengthen Shearer's team and advance its mission to become the manufacturer and supplier of choice for its growing customer and retailer communities.

Quick answer

Clayton Dubilier & Rice is acquiring Shearer's Foods, announced February 13, 2024. Clayton Dubilier & Rice is based in New York, New York, United States.

How much did Clayton Dubilier & Rice pay for Shearer's Foods?
The deal value was not disclosed.
What does Clayton Dubilier & Rice do?
Clayton, Dubilier & Rice is a private investment firm with a strategy predicated on building stronger, more profitable businesses.
Where are Clayton Dubilier & Rice and Shearer's Foods based?
Clayton Dubilier & Rice is based in New York, New York, United States. Shearer's Foods is based in Massillon, Ohio, United States.
Who are the decision-makers at Clayton Dubilier & Rice?
Fundz holds 2 contacts at Clayton Dubilier & Rice. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Clayton Dubilier & Rice

Location

New York, New York, United States

About

Clayton, Dubilier & Rice is a private investment firm with a strategy predicated on building stronger, more profitable businesses. Since its inception, CD&R has managed the investment of more than $40 billion in over 100 companies with an aggregate transaction value of over $175 billion. The Firm has offices in New York and London. For more information, please visit www.cdr-inc.com.

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Frequently asked

Who acquired Shearer's Foods?

Shearer's Foods was acquired by Clayton Dubilier & Rice, based in New York. The deal was reported on February 13, 2024. Clayton, Dubilier & Rice is a private investment firm with a strategy predicated on building stronger, more profitable businesses. Clayton Dubilier & Rice is privately held and operates in Financial Services.

When did Clayton Dubilier & Rice acquire Shearer's Foods?

Clayton Dubilier & Rice's acquisition of Shearer's Foods was reported on February 13, 2024. Clayton Dubilier & Rice (CD&R) has completed its acquisition of Shearer's Foods, a leading contract manufacturer and private label supplier serving the snack industry in the United States and Canada, from Ontario Teachers' Pension Plan Board. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Shearer's Foods do?

Shearer's Foods is a leading contract manufacturer and private label supplier in the snack industry in North America. It is privately held, operating in Manufacturing, and is based in Massillon.

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