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Pension Acquisition
OMERS Capital Partners Acquires Give and Go® Prepared Foods
TORONTO - OMERS Capital Partners ("OCP") the private equity arm of the Ontario Municipal Employees Retirement System ("OMERS"), one of Canada's largest pension funds, has purchased Give and Go(R) Prepared Foods Corp., the North American market leader in premium indulgent thaw-and-serve sweet baked goods. The company is best known for its high quality line of Two-Bite(R) portion-controlled products.
"Give and Go(R) is the market leader in the attractive in-store bakery industry. The management team has created an outstanding portfolio of premium brands and quality products supported by an unparalleled innovative product development capability," said Paul G. Renaud, President & CEO of OMERS Capital Partners. "We look forward to working with management to continue the profitable growth the company has enjoyed."
"We are truly delighted to have OMERS as our partner. We look forward to working with OCP to execute our strategic plan and continue to grow the business. Both our employees and customers will benefit from this new long term relationship,=22 said Joel Flatt, President of Give and Go(R).
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