trending Market Intelligence /marketintelligence/en/news-insights/trending/nli9eu5-sisuuwswpivtfa2 content esgSubNav
In This List

TowerBrook to sell Wilton Brands to German food and beverage company

Blog

Christopher & Banks Corporation – tracking the early-warning signals of credit risk

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future

Podcast

Street Talk | Episode 99 - Higher rates punish bond portfolios, weigh on bank M&A


TowerBrook to sell Wilton Brands to German food and beverage company

Private equity firm TowerBrook Capital Partners LP agreed to sell Wilton Brands to German food and beverage company Dr. August Oetker KG for an undisclosed sum.

Wilton Brands will keep its headquarters in Naperville, Ill., and Sue Buchta will continue to lead the baking, cake-decorating and candy-making company as CEO.

Wilton, through partners, distributes its products to Walmart, Target, Michael's, Kroger, grocers across the U.S., and on Amazon.

The deal is scheduled to close by the end of 2018.