MidOcean Partners Acquires QualiTech
June 7, 2023
MidOcean Partners, a New York-based private equity firm, has acquired QualiTech, a family-owned manufacturer of food ingredients, animal nutrition and plant nutrition products, from the Ploen family. The transaction will provide capital to expand QualiTech’s capabilities, capacity and product innovation as part of MidOcean’s food value chain investment strategy; terms were not disclosed.
- Buyers
- MidOcean Partners
- Targets
- QualiTech
- Sellers
- Ploen family
- Industry
- Food & Beverage
- Location
- Minnesota, United States
- Transaction Type
- Buyout
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