Thrive Foods (Thrive), a portfolio company of Entrepreneurial Equity Partners (e2p), a Chicago-based private equity firm focused on the food and consumer packaged goods industries, has acquired Freeze-Dry Foods (FDF) from Cumming Capital. Financial terms of the transaction have not been disclosed.
Founded in 1968, FDF is a contract manufacturer of freeze-dried products, including pet treats, proteins, and food ingredients.
Thrive Foods is a manufacturer of freeze-dried products including fruits & vegetables, proteins, pet treats, probiotics, enzymes, and prepared meals. Thrive currently has facilities in Modesto, California and American Fork, Utah, and serves as a technical expert and flexible manufacturing partner for its customers.
