Amylu Foods Receives PE Investment, Looks to Continue Growth
Value-added protein processor Amylu Foods has received an investment from TowerBrook Capital Partners, together with Prelude Growth Partners, according to a release announcing the investment. The investment amount was not disclosed in the announcement.
Amylu, which was founded in 1924 and is based in Chicago, produces value-added chicken sausages, meatballs, burgers and other products for the Amylu brand and private-label customers. These specialty protein products are processed in-house and purport to offer healthy and convenient options for consumers.
With the investment, the company anticipates scaling operations, expanding across channels and growing its consumer base nationwide.
“At Amylu, our success has always been built on delivering great-tasting, clean-ingredient products that our consumers genuinely love and trust,” said Steven Zoll, chief executive officer of Amylu. “This partnership with TowerBrook is the natural next step for our growth strategy, and we’re confident they’re the right partner to help us expand our business across the nation given their strong track record of scaling food businesses, particularly in the protein space.”
About the Author
Andy Hanacek
Senior Editor
Andy Hanacek has covered meat, poultry, bakery and snack foods as a B2B editor for nearly 20 years, and has toured hundreds of processing plants and food companies, sharing stories of innovation and technological advancement throughout the food supply chain. In 2018, he won a Folio:Eddie Award for his unique "From the Editor's Desk" video blogs, and he has brought home additional awards from Folio and ASBPE over the years. In addition, Hanacek led the Meat Industry Hall of Fame for several years and was vice president of communications for We R Food Safety, a food safety software and consulting company.