Fulcrum Capital Partners Completes the Sale of Qzina Specialty Foods North America Inc.
Fulcrum Capital Partners announces it has completed the sale of Qzina Specialty Foods North America Inc. to The Chefs' Warehouse, Inc. (NASDAQ:CHEF), a Ridgefield, Connecticut-based distributor of specialty food products.
Acquired in December 2005 in Fulcrum Capital's Fund III, Qzina is North America’s largest importer and distributor of specialty chocolate and dessert ingredients. Under Fulcrum's ownership, Qzina expanded geographically through the acquisition of Ambassador Fine Foods, centralized all head office and administrative functions to Miami, Florida and successfully introduced a full assortment of proprietary branded products.