Vending

Shearer’s Foods up for sale

Image: Adobe Stock.

August 4, 2023

Shearer's Foods, one of the largest U.S. snack makers, has been put on the market with a potential valuation of more than $3 billion including debt, according to a Reuters report.

The Ontario Teachers' Pension Plan, which acquired the Massilon, Ohio based firm in 2015, is working with Goldman Sachs Group to sell the company, according to people familiar with the matter.