Case Swayne Co. has acquired the business assets of J&G Products -- a subsidiary of PepsiCo

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Case Swayne Co., Inc. has acquired the business assets of J&G Products, a subsidiary of PepsiCo

Kerlin was originally engaged for a review of strategic alternatives which lead to preparations for the sale of the Company. Early in the process, Case Swayne’s largest customer, PepsiCo, requested the Company consider acquiring one of PepsiCo’s captive suppliers. This opportunity was considered to be an important defensive acquisition, so Kerlin and Case Swayne suspended the sale process and entered into exclusive negotiations to acquire, close and integrate operations of J&G Products.