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Kroger and Peak Rock Capital Announce Definitive Agreement for Purchase of Kroger's Turkey Hill
The Kroger Co. (NYSE: KR) and Peak Rock Capital, a leading middle-market private equity firm based in Austin, Texas, today announced a definitive agreement for the sale of Kroger's Turkey Hill business to an affiliate of Peak Rock Capital.
As part of the sale agreement, the Peak Rock Capital affiliate will continue to operate the Turkey Hill business out of its large Conestoga, Penn., facility with its nearly 800 full-time, part-time and seasonal associates and under the same recognizable Turkey Hill brand.
"We believe this is the right step to ensure the Turkey Hill business can meet its full potential and continue to grow its successful ice cream and ...
Peak Rock Capital Affiliate Signs Definitive Agreement To Acquire TNT Crust From Tyson Foods, Inc.
An affiliate of Peak Rock Capital, a leading middle-market private equity firm, announced today that it has signed a definitive agreement to acquire the TNT Crust business, a leading manufacturer and distributor of pizza crusts, from Tyson Foods, Inc.
Founded in 1981, TNT is a leading manufacturer and distributor of partially baked, self-rising, flat breads and other pizza crusts for the foodservice and retail channels. TNT has a diverse customer base, including blue chip national and regional restaurants, pizza manufacturers, and foodservice distributors. Headquartered in Green Bay, Wisconsin and operating out of two BRC-certified manufacturing facilities, the Company has built an excellent reputation in the industry for its outstanding product quality, innovative product solutions and unmatched customer ...
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