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Yellow Wood Partners Announces Completion of Scholl Acquisition
Combination with Dr. Scholl s™ Brand Creates Leading Global Footcare Company Generating Over $700 Million in Annual Retail Sales
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BOSTON, June 2, 2021 /PRNewswire/ Yellow Wood Partners LLC ( Yellow Wood ), a Boston-based private equity firm focused on investing in consumer brands and companies, today announced that it has completed the previously announced acquisition of the Scholl footcare brand, which operates globally outside of the Americas, from U.K.-based Reckitt.
The acquisition reunites the international Scholl with the Dr. Scholl s™ sold in the America s after 30+ years of separate ownership and creates the leading global footcare brand operating as an integrated business in 50+ countries with annual retail sales exceeding $700 million.
The Halifax Group Backs Southern Siding & Gutters
The Halifax Group has completed an investment in
Southern Siding & Gutters, a installer of siding, roofing, gutters, and other exterior home products across the southeastern United States. Halifax partnered with founder and CEO
Aaron Kuhn, who will continue to lead the business.
Kuhn said, “We are excited to partner with Halifax to execute on our strategic vision to expand our business. The financial and operational resources they bring to the table will allow us to better serve our customers in our existing markets, move into new markets, and focus on growth.”
“We have been greatly impressed with the business that Aaron and the SSG team have built over the last two decades, to a position where they are now a leader in the attractive and growing Southeastern United States,” said
Noble Foods agrees Gü acquisition by Exponent Noble Foods has agreed to sell top premium chilled desserts brand Gü to Exponent for an undisclosed sum, as the private equity group claims the brand has significant global potential.
Mark Lynch, partner at corporate finance house Oghma Partners, said of Exponent: Looks like a good owner for the Gü business given their historic track record of successfully growing food businesses. We expect that Exponent will be looking to invest in the business to drive growth and turn the brand from a household name in the UK to a household name outside the UK - Europe and North America would be the initial obvious targets.
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