SK Capital completed its acquisition of Spectra Confectionery Limited

Counsel to Spectra Confectionery Limited

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On November 15, 2024, SK Capital completed its acquisition of Spectra Confectionery Limited (“Spectra”).

Based in Vaughan, Ontario, Spectra was founded by Bill and Maureen Georgas and is the largest sprinkles and inclusions manufacturer in Canada, distributing a wide range of confections and custom panned products. Prior to its sale to SK Capital, Spectra was family-owned by the Georgas family, and operated with over a century of combined expertise in the art of candy panning. In connection with the sale, Managing Director, John Georgas, and President of Operations, Nikolaos Georgas, will remain involved in the day-to-day business operations of Spectra moving forward.   

SK Capital is a United States-based leading private investment firm focused on the specialty materials, ingredients and life sciences sectors, with significant operating and investment experience in chemistry and material sciences which enable it to develop the specialized systems, solutions, and services that propel the sustainable transformation of its portfolio companies.

Miller Thomson acted as counsel to Spectra with a team comprised of Richard Leblanc, Jay Sernoskie, Mark Milanetti and Eugene Yeung (Corporate / M&A), and various specialists including Carolyn Inglis (Tax), Karen Durell (IP), Ali Baniasadi, Stuart Chaimberg, Keshbir Brar (Real Estate), Bryan Buttigieg (Environmental), and Zeinab Yousif (Employment).

The full press release by SK Capital can be viewed here.

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