date:Sep 16, 2013
Equistone Partners Europe, a private equity firm, has acquired a majority stake in Whitworths, a UK-based supplier of dried fruit, nut and seed products, from European Capital in a deal which valued the company at 90m.
Whitworths, established in 1886, is a supplier of branded and own label dried fruit, nut and seed products with a 30% market share in the category.
Equistone stated that the senior management team, led by CEO Peter Utting, has successfully grown the business, driven by Whitworth