Crofter’s Organic Acquired by Power Sustainable Lios
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3 Articles
Crofter’s Organic acquired by Power Sustainable Lios
Power Sustainable Lios, an agri-food private equity investment platform, acquires Parry Sound, Ont.-based Crofter’s Organic, one of the largest suppliers of organic jams, jellies, and spreads in North America. The transaction includes co-investments from Farm Credit Canada (FCC), BMO Capital Partners, and the founding Latka family, who will remain engaged in the company’s future. Founded in 1989, Crofter’s intends to utilize the investments to e…
Power Sustainable Lios leads strategic acquisition of Crofter’s Organic
TORONTO — Power Sustainable Lios announced on Jan. 22 a strategic acquisition of Crofter’s Organic, reportedly the largest supplier of organic jams, jellies, and spreads in North America. The transaction includes co-investments from Farm Credit Canada, BMO Capital Partners, and the founding Latka family, who will remain engaged as long-term partners in the company’s future. Per a Jan. 22 press release, the investment will support the Parry Sound…
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