Benford Capital Partners LLC has made a control investment in snack producer Saco Foods LLC for an undisclosed amount. Saco founder Ray Sanna and CEO Tom Walzer will continue to lead the company going forward.
Saco manufactures branded food products sold primarily to supermarkets and mass retailers across the U.S. The target’s main products include: Dolci Frutta, a chocolate hard-shell dessert dip for fruit, nuts and similar snacks; and Saco Pantry, a brand name used to distribute powdered instant milk, powdered dry buttermilk and baking cocoa. Founded in 1973, Saco operates from its facility in Middleton, Wisconsin.