• Dribbble

speysideequity

Speyside Equity is an operationally focused private equity firm that has been successfully investing in manufacturing-related businesses since 2005.

  • Home
  • About
  • History
  • Team
  • Investments
  • Contact Us
  • News
  • Speyside Equity Fund II

Archive for month: January, 2014

You are here: Home » News » 2014 » January

Speyside Equity acquires Magic Valley Fresh Frozen Inc. January 2014

13 Jan 2014

Speyside Equity is pleased to announce today that it has acquired Magic Valley Fresh Frozen Inc. (Magic Valley) from Oscar S. Wyatt Jr. The parties agreed to keep the financial terms of the transaction confidential.

Founded 45 years ago and based in McAllen, Texas; Magic Valley produces Southern frozen vegetables for distribution to major food outlets and institutional buyers throughout the United States. The company produces various quantities of okra, spinach, southern greens, black eyed peas, carrots and diced turnip roots; and breads okra and squash. The company has its own food service labels: Magic Harvest and Valley Harvest. Magic Valley has two plants, each with its own packaging capabilities. The company employs 220 employees.

Acquiring Magic Valley enables Speyside to invest in a meaningful platform in the food industry, one of its focus areas. The company has a wide product range and geographic reach.

Commenting on the acquisition, Speyside partner Robert Sylvester said:

“We are delighted to announce our acquisition of Magic Valley, which is a highly regarded supplier of vegetables in a region that is poised for growth. We believe in the company’s potential to offer an even more valuable product range as well as being a bridgehead for consolidation in the industry.”

For further information, please contact:

Speyside Equity:
Oliver Maier
430 E 86th St.
New York, NY 10028
USA
T: +1 917 575 6866
oliver.maier@speysideequity.com
www.speysideequity.com

About Speyside Equity:
Speyside Equity invests in middle-market industrial businesses with a history of profitability and ability to generate sustainable cash flows. It has a focus on the chemicals, food and industrial sectors and has an affinity for cross-border deals, and spin-offs of large multinational businesses in the production sector. Target investments are typically headquartered in developed markets in the United States and Europe, and valued at US$ 20-200 million.

Archives

  • February 2020
  • October 2019
  • June 2019
  • March 2019
  • July 2018
  • August 2017
  • May 2017
  • March 2017
  • January 2017
  • October 2016
  • May 2016
  • February 2016
  • September 2015
  • June 2015
  • August 2014
  • January 2014
  • November 2012
  • July 2012
  • October 2011
  • May 2011
  • December 2010

Need help? Mail Us!

© Copyright - speysideequity