Ventura Foods Acquires the Sauce and Condiment Business of Wing's

TORONTO, Feb. 10, 2016 /CNW/ - Ventura Foods, a leading US-based manufacturer of custom and branded sauces, dressings and food oils, has completed the acquisition of the sauces and condiments business of Canadian-based Wing's Foods.

Wing's is a leading Canadian manufacturer of a full range of condiments, sauces and dressings.

The newly acquired business will become Ventura Foods Canada and operate as a wholly-owned subsidiary. Wing's Asian Heritage business, including their Noodle, Wrap and Cookie business, is not part of the acquisition and will continue to operate as Wing's Food Products and retain the Wing's Brand.

CCC Investment Banking ("CCC") acted as the exclusive financial advisor to Wing's Foods.

About CCC
CCC (www.cccinvestmentbanking.com) is a leading Canadian middle-market investment banking firm with offices in Toronto and Vancouver. It has a 40-year track record of advising middle-market companies on mergers and acquisitions, financings, recapitalizations and restructurings as well as providing valuations, fairness opinions and strategic consulting services. CCC is the exclusive Canadian partner firm of Corporate Finance International, a closely-knit global network of independent investment banks.

SOURCE CCC Investment Banking

For further information: Bill Farrell, Managing Director, CCC Investment Banking, 416-619-9119, bfarrell@cccinvestmentbanking.com; Michael Tucci, Associate, CCC Investment Banking, 416-619-9127, mtucci@cccinvestmentbanking.com

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