date:Apr 18, 2014
Shearers Foods, a private label salty snack manufacturer owned by Toronto-based private equity firm Wind Point Partners, has acquired the assets of the Medallion Foods business from Omaha-based ConAgra Foods, Inc. for $33.5 million. Newport, Ark.-based Medallion manufactures value brand and private label corn-based snack products, including tortilla chips, corn chips and extruded corn products.
Although ConAgra Foods believes strongly in the salty snacks category, the Medallion Foods business i