Sugar Foods Corp. Acquired by Pritzker Private Capital

Oct. 3, 2023

California-based processor of crunchy toppings, croutons, beverage ingredients and pizza toppings looks to expand operations with the influx of financial resources.

Andy Hanacek

Sugar Foods Corp., a producer of crunchy toppings, croutons, beverage ingredients, pizza toppings and more for foodservice, retail and private label channels, has been acquired by private equity firm Pritzker Private Capital (PPC).

Sugar Foods will gain financial resources and industry expertise in the deal, which it expects to use to accelerate growth and innovation, as well as expand its operations. The company currently operates five processing facilities in the U.S. and Mexico, employing more than 1,400 people. Sugar Foods’ management team will continue to lead the business, a release from PPC stated.

Headquartered in Westlake Village, Calif., Sugar Foods serves more than 3,000 customers, including many of the world’s most well-known grocery retailers, foodservice providers and quick-service and casual-dining restaurants. The company says it has launched more than 200 new products since 2020, and its brands include Fresh Gourmet, Mrs. Cubbison, and N’Joy.

Terms of the deal were not disclosed.

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.