Furlani Foods gets new private-equity owner

Canada-based baked goods group Furlani Foods has another private-equity owner. Arbor Investments has snapped up the business from fellow US private-equity group Entrepreneurial Equity Partners for an undisclosed sum. In a statement yesterday (9 February), Greg Purcell, the co-founder and CEO of Arbor Investments, said: “Our philosophy is to invest in taste and value and Furlani hits the mark on both. “Add in our team’s deep expertise in baking, and I’m confident we can accelerate growth and win new cus ...