BERWICK — A snack food company based in Columbia County was sold Monday to a New York investment firm.
Wise Foods, Inc. was sold by Palladium Equity Partners, L.L.C. to Arca Continental. Wise’s headquarters is located in Berwick. Around 850 employees currently work for the snack food company.
Palladium bought Wise Foods back in 2000.
Arca Continental manufactures, distributes, and sells non-alcoholic beverage and is based in Monterrey, Mexico.