Stir Foods and Pacifica buys Sabra Dipping’s salsa business
Summary
Orange County, CA, September 5, 2018 – Wind Point Partners and portfolio company Stir Foods and Pacifica Foods (“Stir-Pacifica” or the “Company”), a leading custom manufacturer of soups, sauces, dressings, and fresh salsas for both retail and foodservice customers, are pleased to announce that Stir-Pacifica has acquired Sabra Dipping Company’s salsa business (“Sabra Salsa”) based in Oceanside, CA.Joe Lawler, Principal with Wind Point Partners, stated, “The acquisition of the Sabra Salsa business fits squarely with our value creation plan.“We are proud of the people and the products they produce at Oceanside and are pleased the salsa business has been acquired by such a highly regarded organization,” said Tomer Harpaz, Sabra CEO.Wind Point focuses on partnering with top caliber management teams to acquire well-positioned middle market businesses where it can establish a clear path to value creation.Sabra proudly dedicates time, energy and resources to the communities in which it operates and in 2016 introduced Plants with a Purpose, an initiative aimed at reducing the impact of food deserts through improved education and access to fresh produce in underserved neighborhoods.