Saco Foods, a branded, niche market-leading food products company has completed the acquisition of Quinoa Corporation and its brands Ancient Harvest and Pamela’s. Saco Foods, a portfolio company of Fengate Private Equity and Weathervane Investment Corp., announced that it acquired Quinoa Corporation and its brands from Encore Consumer Capital. Terms of the transaction were not disclosed. Quinoa Corporation was advised on the transaction by Green Circle Capital Advisors.
Founded in 1983, Ancient Harvest pioneered the sale of quinoa in the US and continues to be a leading brand of value-added, plant-based products including gluten-free pasta, polenta and a brand of quinoa. Founded in 1988 and acquired by Quinoa Corporation in 2019, Pamela’s is a leading brand of gluten-free baking mixes and baked goods including pancake mixes, snack bars and flours. Pamela’s is a brand of gluten-free graham crackers and fruit-filled cookies.
The acquisition adds two category and industry-leading brands to the growing Saco portfolio that naturally align with the company’s commitment to excellence and providing high-quality food products to its customers and end consumers.