October 14, 2022
Sunny Sky Products LLC, a producer of dispensed beverage solutions offering hot, cold, frozen and beverage enhancer products for the convenience store and foodservice channels, has entered into a definitive agreement to acquire GoodWest Industries, a manufacturer of low-acid aseptic beverage solutions, primarily selling shelf-stable and bag-in-box coffee creamers, cold brews and iced coffees, from Palladium Equity Partners, LLC, according to a press release.
GoodWest will operate as a wholly-owned subsidiary of Sunny Sky. The existing GoodWest leadership will report directly to W. Ashley Edens, president and CEO of Sunny Sky.
GoodWest will also retain its headquarters in Douglassville, Pennsylvania.
Terms of the acquisition were not revealed.