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Lyons Magnus Acquires Aseptic Products Manufacturer TRU Aseptics
Monday 15 April 2019

15 April 2019 - California, US-based fruit and flavour solutions manufacturer Lyons Magnus LLC, serving foodservice, healthcare and dairy industries, has acquired Wisconsin, US-based aseptic products manufacturer TRU Aseptics LLC, the company said.

Terms of the transaction were not disclosed.

TRU Aseptics is a processor of aseptic products for the retail, foodservice, and food ingredient markets. In connection with the acquisition, Lyons Magnus is committing to making significant investments in TRU's team and its facility that will bring state-of-the-art technologies for blending, processing, and filling products.

The investment will allow TRU to produce a wide variety of low-acid aseptic products, including active lifestyle and other functional beverages, nutritional supplements, plant-based beverages, and cold-brew coffees in a broad assortment of packaging formats.

This portfolio will be marketed as Lyons TRU to Nature products.

Lyons Magnus, a portfolio company of Paine Schwartz Partners, LLC, produces and markets a wide array of products for the global foodservice and food ingredient channels.

TRU Aseptics is a privately-held aseptic manufacturer that produces food and beverage ingredients that promote life, health, and well-being.

Paine Schwartz Partners is in sustainable food chain investing, Paine Schwartz Partners is a private equity firm focussed exclusively on investment opportunities in the fast-growing, dynamic global food and agribusiness sectors.
Details
Date Published: 15/04/2019
Target: TRU Aseptics LLC
Country: USA
Sector: Healthcare
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Lyons Magnus LLC
Comment:
Terms of the deal were not disclosed

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