CD&R Acquires Shearer's Foods from Ontario Teachers'
December 13, 2023
Clayton, Dubilier & Rice (CD&R) has completed its acquisition of Shearer's Foods, a leading North American contract manufacturer and private‑label snack supplier, from Ontario Teachers' Pension Plan Board. Shearer's, headquartered in Massillon, Ohio with 17 manufacturing facilities across the U.S. and Canada, will partner with CD&R to scale operations and accelerate growth; terms were not disclosed.
- Buyers
- Clayton, Dubilier & Rice (CD&R)
- Targets
- Shearer's Foods
- Sellers
- Ontario Teachers' Pension Plan Board
- Industry
- Food & Beverage
- Location
- Ohio, United States
- Transaction Type
- Buyout
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