Thrive Freeze Dry Signs Definitive Acquisition Agreement With Freeze-Dry Foods (Germany)
Back to News AMERICAN FORK, UT, June 23, 2023 – Thrive Foods (“Thrive”), a manufacturer of freeze-dried products, today announced that it has entered into a definitive agreement to acquire Groneweg Group, otherwise known as Freeze-Dry Foods (Germany), (“Groneweg” or the “Company”), a global manufacturer and supplier of freeze and air-dried ingredients. Thrive is a portfolio company of […]
Entrepreneurial Equity Partners and Mubadala Capital Private Equity Invest in Mercer Foods and Thrive Freeze Dry
Back to News Entrepreneurial Equity Partners (“e2p”), a Chicago-based private equity firm focused on the food and consumer packaged goods industries, and the Private Equity business of Mubadala Capital, an Abu Dhabi-based asset management subsidiary of Mubadala Investment Company, today announced that they have completed an investment in Mercer Foods (“Mercer”) and Thrive Foods (“Thrive”). […]
Thrive Freeze Dry Invests In Freeze-Dry Foods
Back to News Entrepreneurial Equity Partners (“e2p”), a Chicago-based private equity firm focused on the food and consumer packaged goods industries, and the Private Equity business of Mubadala Capital, the asset management arm of Abu Dhabi-based sovereign investor Mubadala Investment Company, today announced that one of their portfolio companies, Thrive Foods (“Thrive”), has acquired Freeze-Dry […]
Thrive Freeze Dry Sets Up One of the Largest Freeze Drying Facilities in North America to Further Enhance Capabilities
Back to News Thrive Foods (“Thrive”), a leading manufacturer of freeze-dried products, and a portfolio company of Entrepreneurial Equity Partners and Mubadala Capital, announced today its new plant in Oak Creek, Wisconsin. The 341,000 square foot building is designed to support the fast-growing markets of pet treats and probiotics and will be one of the […]
Thrive Freeze Dry Receives Prestigious Award for Growth in the Midwest
Back to News Thrive Foods recently received the 2022 “Industrial Deal of the Year” Award, presented by The Commercial Association of Realtors in Wisconsin (or CARW). The need for an existing building in the Midwest to keep up with Thrive Foods growth went from 50,000 square feet to 200,000 square feet, and finally to just […]
