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Thrive Foods Sets Up One of the Largest Freeze Drying Facilities in North America to Further Enhance Capabilities

Sep 8, 2022

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 largest of its kind in North America. This state-of-the-art facility will feature best-in-class freeze dryers providing additional capacity and capability, packaging, and warehousing. It is anticipated that the facility will freeze-dry its first production run in the summer of 2023…

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Thrive Foods Invests In Freeze-Dry Foods

Aug 22, 2022

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 Foods (“FDF” or the “Company”) from Cumming Capital. Financial terms of the transaction were not disclosed…

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Entrepreneurial Equity Partners and Mubadala Capital Private Equity Invest in Mercer Foods and Thrive Foods

Jan 13, 2022

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”)…

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