Announcements

Swander Pace Capital Completes Sale of Voortman to Hostess Brands in a transaction valued at approximately $320 million (C$425 million) in cash.

Swander Pace Capital announced today that it completed the sale of Montreal-based Recochem, Inc. (“Recochem” or the “Company”), a global formulator and marketer of aftermarket transportation

Swander Pace Capital has sold Lavo Inc., a leading manufacturer and marketer of laundry detergent, household cleaners, fabric softeners and bleach in Canada, to KIK Custom Products Inc.

Swander Pace Capital sells Kicking Horse Coffee, Ltd., the #1 organic and fair trade coffee roaster in Canada, to Luigi Lavazza S.p.A. in a transaction valuing the company at C$215 million.

Swander Pace Capital has completed its sale of Renew Life Formulas, Inc., a global leader in probiotics and other digestive care supplements, to Clorox Company for $290 million.

Swander Pace Capital sold Gilchrist & Soames, Inc. provider of premium bath and beauty products to luxury destinations throughout the world, to Guest Supply, a wholly owned subsidiary of Sysco Corp.

Swander Pace Capital sold Merrick Pet Care (“Merrick”), a natural and organic pet food leader, to Nestlé Purina PetCare.

Swander Pace Capital has sold its minority investment in Applegate, the nation’s leading natural and organic meat company, to Hormel Foods Corp in a transaction valued at $775 million.
.

Swander Pace Capital finalized its sale of over-the-counter (OTC) products portfolio company Insight Pharmaceuticals (Insight) to Prestige Brands Holdings for $750 million.

SPC sold Ancaster, Ontario-based portfolio company Pineridge Bakery to Switzerland-based global food business ARYZTA AG for $340 million.