November 19/M&A Navigator -- Private equity company Brynwood Partners V LP has divested its shareholding in U.S. Richelieu Foods Inc to Centerview Partners Holdings LLC but did not reveal any financial details on the deal.
Brynwood bought into Richelieu Foods, a frozen pizza and salad dressings maker, in 2005. Now, Richelieu has a staff of above 650 persons and runs four plants in the United States. It will retain its management upon closing of the transaction.