Michael Foods Sold

Egg and potato products giant Michael Foods has been sold from one private equity firm to another in a $1.7 billion deal. Thomas H. Lee Partners, which had acquired the company in 2003 for $1.05 billion from the founding Michael family and a pair of investment firms, has now sold a majority stake to GS Capital Partners, a private equity arm of investment banking giant Goldman Sachs. Lee retains a 20-percent stake after the sale.

Register to view the full article

Please register to access this content.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.