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December 2009 |
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| Acquisition of Westminster Cracker Company of Rutland, VT |
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Chicago, IL – LaSalle Capital Group, L.P. ("LaSalle Capital") is
pleased to announce that it has completed the acquisition of Westminster
Cracker Company, Inc. ("Westminster") from Cains Foods LP.
Founded in 1828 and based in Rutland, Vermont, Westminster manufactures
all-natural, premium quality oyster crackers and other baked
goods. Westminster's products are served across the country in restaurants
and other foodservice establishments and sold through retail
channels under the Westminster and Olde Cape Cod brand names.
Keith Dunn, Westminster's Executive Vice President and a member of
the Dawley family that has owned the company since the late 1800's,
commented, "We are very proud of the rich tradition and customer
loyalty we've built at Westminster over successive generations and are
excited to partner with the LaSalle Capital team to continue to grow
our business."
Jeff Walters, co-founder of LaSalle Capital, noted "Westminster's high
quality products, operating efficiency and experienced management
team represent an attractive all-natural, healthy food platform with
strong organic growth potential", adding, "we look forward to our partnership
with the Westminster team and helping the company achieve
the next step in its growth and evolution."
If you have questions regarding this acquisition or would like to discuss
other opportunities in the food industry, please contact either
Brian Carey or Jeff Walters at LaSalle Capital.
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