US based food processing products provider Hamilton Beach Brands has acquired Weston Products from Highgate Capital.
With this acquisition, Hamilton Beach will gain access to the growing hunting, wild game processing, specialty food processing and specialty housewares industries.
It is also in line with Hamilton Beach's strategic initiatives to improve placements in the North American consumer market and enhance internet sales as well as participate in the only-the-best market.
Hamilton Beach Brands president and CEO Greg Trepp said: "We are thrilled to welcome the Weston team and their consumers and vendors to the Hamilton Beach Brands family.
"Through the combination of the highly talented Weston organization along with our own dedicated employees, we believe we can achieve significant opportunities for future growth and profitability in line with our strategic initiatives."
Weston Products reported revenue of around $32.7m, pre-tax income of approximately $3.2m and EBITDA of about $3.3m in the last fiscal year ended 30 September 2014.
