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Encore Announces Sale of Twang Foodservice Division to Solina USA, Inc.

Encore Announces Sale of Twang Foodservice Division to Solina USA, Inc.

AI Briefing

  • * Encore Consumer Capital LP sells Twang Foodservice division to Solina USA, Inc.
  • * Twang Foodservice, based in San Antonio, Texas, manufactures customized beverage systems and flavor concentrates.
  • * Solina USA is a US division of a European custom ingredient manufacturer.

Source Summary

SAN FRANCISCO--(BUSINESS WIRE)--Encore Consumer Capital, LP (“Encore”), a private equity firm that invests exclusively in food and consumer products, is pleased to announce the sale of substantially all of the equity of TP Parent LLC (“Twang Foodservice”) to Solina USA Inc. (“Solina”), the US division of a leading European custom ingredient manufacturer. Twang Foodservice, based in San Antonio, Texas, is a manufacturer of customized beverage systems, dry beverage mixes, flavor concentrates, sea

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