Saline-based Flatout purchased for $92 million
Columbus, Ohio-based T. Marzetti Co. bought the Saline-grown rolled sandwich franchise Flatout for a not-too-shabby $92 million. Excerpt: "Flatout reported $42 million in net sales in 2014. The company has about 150 employees at its factory in a Saline industrial park. The company, one of Washtenaw County's most successful food start-ups, was partially sold in 2010 to private equity firm North Castle Partners and Glencoe Capital." Read the rest here.
Columbus, Ohio-based T. Marzetti Co. bought the Saline-grown rolled sandwich franchise Flatout for a not-too-shabby $92 million.
Excerpt:
“Flatout reported $42 million in net sales in 2014. The company has about 150 employees at its factory in a Saline industrial park. The company, one of Washtenaw County’s most successful food start-ups, was partially sold in 2010 to private equity firm North Castle Partners and Glencoe Capital.”
Read the rest here.
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