Peak Rock Nabs Honey Co. Groeb's Successor After Ch. 11

Law360, New York (January 2, 2014, 3:04 PM EST) -- A Peak Rock Capital LLC unit nabbed honey producer Natural American Foods Inc., which merged with honey supplier Groeb Farms Inc., helping to lift the troubled Groeb out of Chapter 11 proceedings, according to a Thursday statement.

The financial terms of the transaction were not disclosed. The resulting company, which will operate as Natural American Foods, said it “now enjoys a fully recapitalized balance sheet with professional management and significant capital resources provided by its new owner to invest in and grow the company.”

Groeb filed...
To view the full article, register now.