Lancaster Colony Corporation, through its subsidiary Marzetti Manufacturing Company, has completed the acquisition of a sauce and dressing production facility in Atlanta, Georgia, from Winland Foods, Inc. The transaction, initially announced on November 18, 2024, was finalized on February 18, 2025, for a cash purchase price of $75 million, subject to adjustments under the Purchase and Sale Agreement.
As part of the deal, the buyer and seller entered into a co-manufacturing agreement under which Lancaster Colony will manufacture certain products for Winland Foods for up to twelve months.
WS News
2025-02-20
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