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mayonnaise, Sauer Brands and Advent International
Advent Reaches Deal for Duke’s Mayo Owner Sauer Brands
Buyout firm Advent International has agreed to acquire Sauer Brands Inc., the owner of the Duke’s mayonnaise brand, from Falfurrias Capital Partners, according to people with knowledge of the matter.
Duke's Mayo owner Sauer Brands to be acquired
Advent International, a global private equity firm, has reached a deal to acquire Richmond-based Sauer Brands Inc., the company behind Duke's Mayo.
Advent International to acquire Duke’s Mayo owner Sauer Brands
The deal includes the brands Duke's Mayo, Mateo's Gourmet Salsa and Kernel Season's popcorn seasoning, among others.
Advent International to Acquire Sauer Brands, a Scaled Platform of Leading Condiments & Seasonings Brands
Advent International (“Advent”), a leading global private equity investor, today announced that it has signed a definitive agreement to acquire Sauer
Southern icon Duke’s Mayo gets a Northern owner as Charlotte firm reaches brands deal
In 2019, Falfurrias acquired condiment, sauce and spice manufacturer Sauer Brands, known for its Duke’s mayonnaise brand. Other brands include Mateo’s Gourmet Salsa and Kernel Season’s. Terms of that deal also were undisclosed.
Duke’s Mayo Parent, Sauer Brands, To Be Acquired by PE Firm Advent International
Falfurrias Capital Partners had been looking to sell the condiments and seasonings company, with McCormick & Co. even rumored in December to have had interest.
Parent company of Duke's Mayo sold to firm
Sauer Brands, the parent company of Carolina staple Duke's Mayo, is being sold by Charlotte-based Falfurrias Capital Partners to a private equity firm.
Advent International to acquire Sauer Brands from Falfurrias
Advent International has agreed to acquire Sauer Brands Inc, a US-based platform of condiments and seasonings brands, from Falfurrias Capital Partners. No financial terms were disclosed. Sauer Brands is a portfolio of brands that include Duke’s Mayo, Mateo’s Gourmet Salsa, and Kernel Season’s.
Richmond BizSense
22m
Locally-based spice and mayo maker Sauer Brands to be sold for second time in 5 years
The company, founded in Richmond in 1887 and known for Duke's Mayo and its landmark spice factory on Broad Street, will be ...
15d
on MSN
Maryland spice distributor McCormick reportedly looks to buy owner of Duke’s mayonnaise
Hunt Valley-based McCormick and Company is reportedly in talks to acquire Sauer Brands Inc. for over $1 billion.
2d
on MSN
Duke’s Mayo owner to be sold by Charlotte firm
Advent International, a global private equity firm, has reached a deal to acquire Sauer Brands Inc., a company known for its ...
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