Investindustrial Acquires Parker Food Group from The Riverside Company
August 11, 2022
An investment vehicle held by Investindustrial VII L.P. has acquired Parker Food Group (PFG), a Fort Worth–based developer and manufacturer of specialty inclusions, toppings and bakery/confectionery components, from The Riverside Company. Investindustrial plans to integrate PFG into its broader food ingredients group to accelerate growth and expand capabilities and market reach.
- Buyers
- Investindustrial (investment company indirectly held by Investindustrial VII L.P.)
- Targets
- Parker Food Group
- Sellers
- The Riverside Company
- Industry
- Food & Beverage
- Location
- Texas, United States
- Transaction Type
- Buyout
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