Press Release: Medora Snacks : Permira Funds to Acquire Maker of PopCorners® and Other Better-For-You Branded and Private Label Snack Products

NEW YORK--(BUSINESS WIRE)--Permira, the international private equity firm, announced today that a company backed by the Permira funds has signed definitive agreements to simultaneously acquire Medora Snacks, LLC ("Medora") and Ideal Snacks Holding Corporation ("Ideal"). Terms of the transaction were not disclosed. Medora manufactures branded better-for-you snacks, including PopCorners®, PopCorners Whole Grain®, Pop Crinkles®, and popped bean chips. Ideal is the leading contract manufacturer of