Wind Point Partners and portfolio company Stir Foods, a custom manufacturer of soups, sauces, dressings, and fresh salsas for retail, industrial, and foodservice customers, announced that Stir has acquired Lancaster Fine Foods, Inc., a private label and contract manufacturer of custom sauces, dressings, and condiments for retail, industrial and foodservice customers. Lancaster operates a 100,000 square foot Safe Quality Food (“SQF”) manufacturing facility in Lancaster, Pennsylvania, with the ability to expand into 200,000 square feet of total space.
The combination of Stir and Lancaster further expands Stir’s footprint on the East Coast with locations in Toronto, Canada, and now Lancaster, Pa. This combination solidifies Stir as a North American leader in custom sauces and dressings with extensive packaging capabilities and a deep bench of culinary talent. The resulting coast-to-coast manufacturing capability enhances Stir’s ability to support continued growth with existing and new customers. In addition, both companies share a similar culture centered on delivering the highest quality custom solutions for customers through new and innovative products.
Wind Point Partners acquired Stir in December of 2017 in partnership with Milt Liu, a more than 20-year veteran of the food industry. Lancaster represents the fourth add-on acquisition for Stir, following the acquisitions of Celtrade Canada in February 2020, Van Law Food Products in March 2019 and Sabra’s salsa business unit in September 2018. In cooperation with Milt and the management of Stir and Lancaster, Wind Point will continue growing the Stir platform through a combination of organic growth and innovation, as well as additional complementary acquisitions like Lancaster.
Reed Smith served as legal counsel to Stir. Weir & Partners served as legal counsel to Lancaster.