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Nov 25, 2024, 5:05 PM
Nov 25, 2024, 5:05 PM
Benzinga

Clairvest Group Inc. invests in Redstone Food Group for growth

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Highlights
  • Clairvest Group Inc. has made a minority equity investment in Redstone Food Group.
  • Rob Wheeler, with 35 years of industry expertise, will remain the majority owner of Redstone.
  • The partnership aims to leverage growth opportunities in the North American market.
Story

In Toronto on November 25, 2024, Clairvest Group Inc. announced a minority equity investment in Redstone Food Group. This partnership marks Clairvest's second investment in the food and beverage co-packing and private label manufacturing sector. Redstone, founded in 1972, is led by Rob Wheeler, who possesses 35 years of experience in food manufacturing. Wheeler will continue as the majority owner. Both parties are enthusiastic about this partnership, emphasizing the intention to combine resources and expertise to enhance growth across North America. Rob Wheeler expressed excitement about the journey with Clairvest and the goal of delivering greater value to customers.

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