Arbor Investments Announces The Recapitalization of Trudeau Distributing Company
For Immediate Release
Arbor Investments, based in Chicago, Illinois, along with Trudeau Distributing Company senior management, announced today that it has completed the recapitalization of Burnsville, Minnesota-based Trudeau Distributing Company. Trudeau is one of the largest specialty retail food distributors and manufacturers serving grocery stores and other distributors throughout the United States. Terms of the sale were withheld.
Trudeau Distributing, founded in 1981, has built a fine reputation for service and quality in its core Midwestern markets. The Company distributes a wide range of specialty food products and manufactures value-added meat, poultry and seafood items which are case ready and ready to cook. Additionally, Trudeau is known for its Rudolph’s Bar B Que®, Door County® and Complete Recipe® brands. The Company conducts its distribution and manufacturing operations out of two facilities, located in Burnsville and Shakopee, Minnesota. Trudeau’s customers include independent supermarkets, national grocery chains, wholesale clubs, online grocers and regional food distributors.
All senior officers will continue in their roles with the Company: Stuart Bell, President; Michael Reineck, Vice President; and Jason Dugan, Chief Financial Officer.
“Trudeau Distributing has established itself over the past 26 years as a strategic distribution and manufacturing resource to its grocery customers in the upper Midwest. The Company’s accomplishments are particularly impressive given that Minnesota grocers operate in one of the most innovative, progressive and competitive retailing markets in the country” said Arbor Partner Gregory Purcell. “We look forward to building on Trudeau’s reputation for excellence and expanding their successful food manufacturing operations.”
“Arbor is a strong match for Trudeau because of their extensive food distribution and manufacturing expertise,” said Stuart Bell. “Arbor will be a tremendous asset as the Company expands its customer base and develops innovative food products.”
Arbor Investments is one of the only private equity firms in North America that solely invests in the food, beverage and related industries. The firm has $236 million of capital under management across two private equity funds. For more information, please contact Kimberly Harrod (312-981-3777).