ed surimi producer LM Foods has been acquired by private equity group Salt Creek Capital.“We are thrilled to have completed the acquisition of LM Foods”, said Jon Beizer, Salt Creek Capital managing director. “We look forward to working with the management team and our Executive Partner, Mr. Mark Olivito, to position the company for continued growth and success. Mark brings unique talent to the organization which will help take this business to the next level.”
Following the acquisition, Olivito will serve as president and CEO of LM Foods.
“I am excited to partner with Salt Creek, a firm with a strong track record of working closely with management teams, on the acquisition of LM Foods. LM Foods represents an industry leading company with several growth opportunities,” he said. “I look forward to partnering with LM Food’s long-tenured management team to continue to serve our loyal customers and satisfy their evolving needs.”
