Astara Capital Partners Acquires Majority Stake in Wyandot Snacks
January 18, 2023
Astara Capital Partners has completed an investment in Wyandot Snacks, acquiring a majority stake in the Marion, Ohio-based contract manufacturer of snack foods and cereals. The Brown family will transition ownership while CEO Dewey Armstrong remains in place; Astara said the investment will position Wyandot to be debt-free and provide strategic, operational and financial resources to accelerate growth.
- Buyers
- Astara Capital Partners
- Targets
- Wyandot Snacks
- Sellers
- Brown family
- Industry
- Food & Beverage
- Location
- Ohio, United States
- Transaction Type
- Buyout
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