Wise Foods Inc., a leading regional salty snack company, announced that it has completed a new $48 million credit facility.
Officials said the revolving credit line and a term loan provided by Ally Commercial Finance and Siemens Financial Services Inc. will allow Wise to refinance existing debt and better position the company to pursue future opportunities for growth.
Additionally, Wise said the funds will be used to return capital to certain funds affiliated with Palladium Equity Partners LLC through a dividend payment. Wise was acquired by an affiliate of Palladium in October 2000.
Wise Completes Credit facility
Like to receive news like this by email? Join and Subscribe!
Get the latest potato industry news straight to your WhatsApp. Join the PotatoPro WhatsApp Community!
Uitgelichte Bedrijven
Gerelateerd nieuws
september 07, 2026
KFC Malaysia and Mister Potato Launch Spicy, Crunchy Limited-Edition Collaboration
KFC Malaysia and Mister Potato launch a limited-time collaboration featuring spicy crispy chicken, a crunchy Zinger burger and Cheezy Wedges-inspired chips for the Merdeka and Malaysia Day season.
september 03, 2026
Pringles lanceert dikkere Dippers, speciaal ontworpen voor dippen
Pringles lanceert in september dit jaar Dippers, zijn eerste dikkere, stevigere en golvende chips, speciaal ontworpen voor dippen, in drie smaken. Het merk breidt ook zijn Minges-assortiment uit met een nieuwe smaak Zoet & Zout.
augustus 30, 2026
Orion Targets Global Potato Snack Growth as Sales Approach KRW 1 Trillion
Orion recorded KRW 874 billion (USD 672.31 million) in global potato snack sales, with overseas markets contributing 73%, as it expands production in South Korea and China and strengthens Pocachip, Oh! Gamja, Swingchip and Yegam globally.
