Contact:
Steve Royko
608-236-4490
608-770-1009
sroyko@peakstonegroup.com
The Peakstone Group
Wisconsin-based cheese slicing and packaging company is acquired
MADISON – Biery Cheese Co. is pleased to announce the acquisition of Kickapoo Valley Cheese. The acquisition was completed on November 1, 2013 and has begun operating under Biery Cheese Co.
“We are excited about being able to bring on the KVC facility into the Biery Cheese Family. Both organizations share in the belief of service and innovation of packaging, coupled with generations of experience.” says Ben Biery, C.E.O. of the Biery Cheese Co. “Continuing with our tradition of growth, this addition will help us strategically position our company to service our existing customers along with developing new customers.”
In the words of Jim Leytus, former owner of Kickapoo Valley Cheese, “It is with confidence and a clear conscious that I transfer the ownership of Kickapoo Valley Cheese to Biery Cheese Co. Biery Cheese meets every criteria I have for a buyer. They are a fine company with an impressive growth curve, an excellent reputation, and a desire to participate in the Wisconsin Dairy industry. It was of paramount importance to me to find a willing, qualified buyer that would carry on the work and tradition of Kickapoo Valley and where possible retain the current employees, take care of our loyal customers, and give priority consideration to our suppliers and service providers. I will miss the friends, customers, suppliers, employees, and the overall energy and pride we all take in the dairy industry.”
Biery Cheese Co. was started in 1929 by Norman F. Biery, who started out making Swiss cheese in Louisville, Ohio. The company has evolved from a manufacturing company to a packaging, processing, and distributing company providing chunks, shreds, slices, diced, cubes, and snacking cheeses to its customers. For over 84 years, Biery Cheese has been servicing customers in all sectors of the cheese business: retail, foodservice, and ingredient. Our commitment to implementing new technology and new facilities is an investment in our customers and employees.
The merger and acquisition advisor for the transaction was Steve Royko of the Peakstone Group.
With offices in Chicago, Illinois, Madison, Wisconsin and Minneapolis, Minnesota, The Peakstone Group is an investment bank that specializes in mergers and acquisitions advisory and capital raising for $10M to $250M companies. Peakstone was founded on the belief that middle market companies and their owners need and desire high quality advice and execution. Our ability to support our client’s objectives with capital is the foundation of our business and strategy. Our team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars.
