Archer Foodservice Partners /
SternoCandleLamp Holdings, Inc.
Archer Foodservice Partners agrees to buy SternoCandleLamp Holdings, Inc.
Source for the buyer and target: Compass Diversified Holdings
For the buyer and target.
“WESTPORT, Conn., May 4, 2026 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle-market businesses, today announced the completion, as of May 1, 2026, of the Company’s previously announced sale of the food service business of its majority-owned subsidiary, SternoCandleLamp Holdings, Inc. (“Sterno”), to Archer Foodservice Partners (“Archer”), a leading provider of foodservice consumables and parent entity of companies Handgards, Inno-Pak, and Fineline Settings, and a portfolio company of Wynnchurch Capital, L.P. (“Wynnchurch”).”
Published 5 May 2026
Open the sourceWhat happened
Archer Foodservice Partners agreed to acquire SternoCandleLamp Holdings, Inc. for $292.5 million, according to a filing dated May 5, 2026. [01]
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Archer Foodservice Partners agrees to buy SternoCandleLamp Holdings, Inc.
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Announced
“Archer Foodservice Partners agrees to buy SternoCandleLamp Holdings, Inc. Archer Foodservice Partners agreed to acquire SternoCandleLamp Holdings, Inc. for $292.5 million, according to a filing dated May 5, 2026”
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