October 2014
Investment date
$160M
Purchase price
Plano, TX
Headquarters
INDUSTRY: NICHE INDUSTRIAL
About Sterno
Manufacturer and marketer of portable food warming systems, creative indoor and outdoor lighting, and home fragrance solutions for the food service industry and consumer markets.
CODI Value Add:
Working with the management team to support the development of new products and to develop Sterno’s strategic plan to enter new markets.
Investment Highlights:
Leading manufacturer in its market
Iconic brand with over 100 years of history
Strong management team with proven ability to integrate accretive acquisitions
How We Work: We seek companies with purpose and staying power—businesses that dominate their space and are built to endure.
CODI Corner
