Fine Choice Foods, an Asian-food manufacturer and maker of refrigerated Asian appetizers under the Summ! brand, is being sold by Swander Pace Capital to Power Sustainable Lios, a private-equity-related firm tied to Power Corp. Multiple outlets describe the transaction as a change in ownership for the Richmond, British Columbia-based company.
BNN Bloomberg and Just-Food both frame the story around the buyer and seller, identifying Power Sustainable Lios as the purchaser and Swander Pace Capital as the previous owner. They also describe Fine Choice Foods as a refrigerated Asian-appetizer maker and Summ! brand owner.
Financial Post provides more deal-context language in its opening, including Swander Pace Capital’s investment focus and a fuller description of Fine Choice Foods’ activities as a developer, manufacturer, and distributor of fresh and frozen Asian-inspired appetizers and meal solutions. Overall, coverage centers on the acquisition and the brand/company involved, with differences primarily in the amount of background provided.
