Kraft Sells Controlling Stake in Back to Nature to Brynwood Partners

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Brynwood Partners VI L.P. announced today that it has signed a definitive agreement to acquire a controlling stake in the Back to Nature brand food business through a joint venture partnership with Kraft Foods. Kraft Foods
KFT
will continue to hold a substantial minority stake in the business and will have board representation in the joint venture that is to be formed. Terms and conditions of the transaction, which is scheduled to close in October, will not be disclosed.
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