Glencoe Capital Acquires Specialty Food Leader Robert Rothschild Farm

Expands and Strengthens Firm’s Food Group Portfolio

CHICAGO–(BUSINESS WIRE)–Glencoe Capital Management, LLC announced it has acquired Urbana,
Ohio-based Robert Rothschild Farm. Rothschild has been a leader in the
specialty food industry for more than 30 years, specializing in gourmet
sauces, dips and spreads. Rothschild further expands Glencoe’s food
products group and will combine with Cincinnati-based Clearbrook Farms,
a premium fruit-based food manufacturer Glencoe acquired in 2016.
Details of the agreement were not disclosed.


“Rothschild has strong brand awareness and a focus on innovative
products that are recognized as best-in-class within the specialty food
market,” said David Evans, chairman and CEO of Glencoe. “This is an
investment in long-term growth. These two businesses are compelling
specialty food providers with a strong future together, serving
consumers’ rapidly growing desire for all-natural, premium food
products.”

Both Clearbrook and Rothschild have been innovators in the growing
“clean-label,” premium, specialty food and ingredient markets, and the
added investment in the two organizations will bring expanded
capabilities around innovation, new product offerings and consumer
preferences to a diversified customer base. Best-in-class service has
been a hallmark for each of these businesses and will continue to be
paramount in the future.

“Like Rothschild, Clearbrook Farms has a long-history as a category
leader. Working together, we will benefit from and complement each
other’s expertise and provide broader product capabilities to our
customers,” said Clearbrook President and CEO Andy Liscow.

ABOUT ROBERT ROTHSCHILD FARM

For over 30 years Robert Rothschild Farm, based in Urbana, OH, has been
a leader in the premium specialty food market and still makes every
product from scratch, using time-honored recipes, slowly cooking each
small batch to perfection. The company’s brands include Robert
Rothschild Farm, Robert Rothschild Farm Fresh, Game Day Gourmet, Made in
Napa Valley, and Vineyard Pantry. The company’s offerings include a
large variety of gluten free, organic, Non-GMO and other clean-label
products.

ABOUT CLEARBROOK FARMS

Founded in 1924, Clearbrook Farms, based in Cincinnati, OH, uses only
Grade A fruit to make preserves, butters, fillings and sauces.
Clearbrook Farms’ fruit is sourced from small, family-owned growers
located in the best growing regions of the United States. The highest
quality of fruit is always the number one ingredient in the company’s
products. For over 90 years, Clearbrook Farms’ focus on premium
all-natural ingredients, innovation, and quality have been the company’s
trademark.

ABOUT GLENCOE

Founded in 1994, Glencoe is a diversified, privately-held company
engaged in Food and Food Products, Specialty Chemicals, Early-Childhood
Education, Plastics and Packaging and Specialty Insurance. Glencoe
businesses strive for leadership in their respective industries while
recognizing the importance of socially responsible business practices.
Glencoe also conducts its historical alternative investment management
activities in middle market private equity. Throughout its history,
Glencoe’s proprietary Executive Network which comprises twenty, core
business leaders – Fortune 1000 senior executives and proven
entrepreneurs – provides Glencoe businesses with unique industry,
strategic and operational expertise.

Contacts

Glencoe Capital Management, LLC
Paul Smith, Managing Director
[email protected]