PE, VC backed Alasko Foods acquires FooDelicious

Alasko Foods Inc. has acquired Ingersoll, Ontario based FooDelicious Inc., adding an established Canadian Foodservice brand and a best in class packing facility to its existing network and leading global supply chain for frozen fruits and vegetables.

The acquisition will enable Alasko Foods to further strengthen its packing and distribution capabilities to service the needs of its customers. FooDelicious facility will become an additional focal point of production, warehousing and distribution activity for Alasko Foods.

“We are delighted to welcome Dave Black and the entire FooDelicious team to the Alasko Foods family and we are looking forward to growing production at the FooDelicious facility,” said Alasko Foods CEO Michael Vineberg.

Montreal based Alasko Foods is a global leader in the sourcing and supply of conventional and organic frozen fruits and vegetables to the Foodservice, Industrial and Retail channels across Canada.

Alasko Foods is owned by Catterton Partners which acquired the company in 2010, and Fondaction CSN and Avrio Capital III.

photo credit: Alasko Foods

Ted Liu

Ted Liu, M.Sc. (Mining, Queen's), MBA (Finance, Toronto), is the Editor of Private Capital Journal, CanadaMetals.ca, TechWire.ca, and the former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, having most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA).

Ted is the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, Canada's most sophisticated and advanced all private capital and public market financing database.