Transaction

PouchTec Industries has been acquired by Kent Precision Foods Group

Prestwick is pleased to announce the sale of PouchTec Industries, LLC to KENT Precision Foods Group (“KPFG”), a wholly-owned subsidiary of KENT Corporation.  Prestwick acted as the exclusive advisor to PouchTec and its shareholders.  The terms of the transaction were not disclosed.

PouchTec is a leading provider of outsourced liquid food processing and flexible packaging solutions, specializing in the design and manufacture of stand-up, spouted and non-spouted pouches.  PouchTec works on behalf of some of the world’s largest consumer packaged goods companies to develop, manufacture and supply liquid food pouches on a contract-manufacturing basis. PouchTec provides large-scale, turnkey, outsourced solutions to a growing list of blue-chip customers in the food and beverage industry.  PouchTec manufactures a broad range of products in spouted and non-spouted pouches, including baby food, fruit purees, nutritional supplements, sauces, marinades and condiments, among others.

Kent Corporation is a diversified, family-owned corporation with operating subsidiaries involved in corn wet milling, the production of animal feeds and the manufacture of food products.  KPFG, headquartered in St. Louis, is a dry and liquid food manufacturing company that specializes in providing high quality products in the domestic and international foodservice, healthcare, industrial and consumer markets.  Custom and branded products produced vary widely and include beverages, salad dressing mixes, frozen desserts, seasoning blends, stuffing mixes, seasoned rice and sauces.

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