Van Lang Enterprises, a US supplier of appetisers and hors d’oeuvres for the foodservice channel, has been bought by New York-based investment house AUA Private Equity.
The deal, for an undisclosed sum, was done through Gourmet Culinary Partners (GCP), AUA’s holding company established to acquire interests in, and partner with, food manufacturers.
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By GlobalDataChicago region-based Van Lang has a strong presence in the Midwest, serving hotels, private clubs, speciality distributors, banquet houses, and caterers.
Its product range also includes breakfast foods, side dishes, soups, sauces, and entrees.
Andy Unanue, managing partner of AUA Private Equity, said the deal creates “a national, end-to-end foodservice platform focused on the hospitality, restaurant, airline, catering, educational, and retail sectors”.
He added: “The acquisition of Van-Lang provides national scale for GCP.”
Van-Lang operates out of a 20,000 sq ft production facility in the Chicago area with “ample capacity to support future growth”.
AUA Private Equity makes equity investments of US$20m to $75m in companies that generate in excess of $5m in EBITDA.