Shearer’s Foods plans new financing for buyout by CD&R

By Sara Rosenberg

New York, Dec. 14 – Shearer’s Foods plans on getting new financing to help fund its acquisition by Clayton Dubilier & Rice from Ontario Teachers’ Pension Plan Board, according to a news release.

Deutsche Bank Securities Inc., UBS Investment Bank, BMO Capital Markets Corp., BNP Paribas, RBC Capital Markets LLC and TD Securities are providing the financing.

Shearer’s Foods is a Massillon, Ohio-based contract manufacturer and private label supplier serving the snack industry.

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