Huer Foods Inc.
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Huer Foods Inc. - overview
Established
1986
Location
Langley, BC, Canada
Primary Industry
Food
About
Based in British Columbia, Canada, and founded in 1986, Huer Foods Inc. operates as a packager and distributor of confectionery products for national, regional, and independent retailers. In September 2022, Krystal Growth Partners, along with an individual investor, acquired Huer Foods. As of October 2022, the company two facilities located in Langley, British Columbia and Boucherville, Quebec and led by its CEO Ryan Storey.
Huer Foods Inc. provides brand and private-label confectionery products including a wide variety of gummy shapes, wine gums, allsorts, groovy mix, jelly babies, fruit gelees, taffy, and vegan gummies. It also offers non-gelatin products under the brand's Sensible Sweets, Fruits Gelees, and Vegan Bears which are vegan and contain pectin. The company's client base includes Save-On-Foods, 7-Eleven, Organic Garage, Home Hardware, ToysRUs, Circle K, Whole Foods, and Costco.
Following the acquisition, Huer Foods Inc. plans to expand its service offerings and geographic market presence through organic growth initiatives and acquisitions.
Current Investors
Krystal Growth Partners, Brakne
Primary Industry
Food
Sub Industries
Other Food Products, Food & Beverage Distribution, Packaging
Website
www.huerfoods.com
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Huer Foods Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Huer Foods Inc. | - |
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