Investment firm buys majority stake in Roland Food

08/26/2013 | FoodBusinessNews.net (free registration)

The American Roland Food Corp., which imports specialty foods from around the world, is selling a majority stake to private equity firm Vestar Capital Partners for an undisclosed sum. "Coupled with the bright growth outlook we see in the specialty foods sector, we believe Vestar’s resources and experience in the food and branded products arena can help Roland Foods grow substantially," said Dan O'Connell, founder and CEO of Vestar.

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