Frontenac Acquires Majority Stake in Crofter's Organic

February 3, 2021

Frontenac, a Chicago-based private equity firm, has acquired a majority interest in Crofter's Organic, a Parry Sound, Ontario-based manufacturer of branded and private-label organic fruit spreads. The Latka family will retain a significant financial stake and Apu Mody will join as Executive Chairman as the company looks to expand market penetration and accelerate growth across North America.

Buyers
Frontenac
Targets
Crofter's Organic
Sellers
Gabi and Gerhard Latka (the Latka family)
Industry
Food & Beverage
Location
Ontario, Canada
Transaction Type
Buyout

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