CHAMP's Manassen Foods ready for IPO
Australian buyout firm CHAMP Private Equity is preparing to appoint advisors for a tentative initial public offering of Manassen Foods, a supplier of food brands including Jelly Belly Jelly Beans, Carr's Water Crackers and the Margaret River Dairy Company.
The company is operated under Food Holdings Ltd., formed in 2006, 51% owned by CHAMP with the remainder held by Manassen's management shareholders. The offering was said to be valued at more than A$400...
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