Parent company of Duke's Mayo sold to firm
Sauer Brands, the parent company of Carolina staple Duke's Mayo, is being sold by Charlotte-based Falfurrias Capital Partners to a private equity firm.
Duke’s Mayo Parent, Sauer Brands, To Be Acquired by PE Firm Advent International
Falfurrias Capital Partners had been looking to sell the condiments and seasonings company, with McCormick & Co. even rumored in December to have had interest.
Southern icon Duke’s Mayo gets a Northern owner as Charlotte firm reaches brands deal
In 2019, Falfurrias acquired condiment, sauce and spice manufacturer Sauer Brands, known for its Duke’s mayonnaise brand. Other brands include Mateo’s Gourmet Salsa and Kernel Season’s. Terms of that deal also were undisclosed.
Advent Reaches Deal for Duke’s Mayo Owner Sauer Brands
Buyout firm Advent International has agreed to acquire Sauer Brands Inc., the owner of the Duke’s mayonnaise brand, from Falfurrias Capital Partners, according to people with knowledge of the matter.
Advent International to acquire Sauer Brands from Falfurrias
Advent International has agreed to acquire Sauer Brands Inc, a US-based platform of condiments and seasonings brands, from Falfurrias Capital Partners. No financial terms were disclosed. Sauer Brands is a portfolio of brands that include Duke’s Mayo, Mateo’s Gourmet Salsa, and Kernel Season’s.
Advent International to Acquire Sauer Brands, a Scaled Platform of Leading Condiments & Seasonings Brands
Advent International ("Advent"), a leading global private equity investor, today announced that it has signed a definitive agreement to acquire Sauer Brands Inc. (the "Company"), a scaled platform of leading condiments and seasonings brands,
Duke’s Mayo owner to be sold by Charlotte firm
Advent International, a global private equity firm, has reached a deal to acquire Sauer Brands Inc., a company known for its portfolio of condiments and seasonings brands, from Charlotte-based Falfurrias Capital Partners.
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