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Shearer’s Foods under new ownership

Source: FoodBusinessNews

NEW YORK — The private equity company Clayton Dubilier & Rice (CD&R) has completed its acquisition of Shearer’s Foods from its majority shareholder the Ontario Teachers’ Pension Plan Board, Toronto. Terms of the acquisition were not disclosed.Shearer’s Foods is a contract manufacturer and private label supplier of salty snacks, cookies and crackers that is based in Massillon, Ohio. The company has 10…

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