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Truelink Buys Lyons Magnus for $1B | Fresno News
Description
Truelink Capital just dropped a billion dollars to snap up Lyons Magnus, the century-old Fresno-based food service giant with deep roots in specialty ingredients and drinks. This move expands Truelink’s footprint into coffee, fast food, and healthcare sectors, marking a major shift after decades under the Smittcamp family and prior ownership by Paine Schwartz Partners. With Truelink’s backing, Lyons Magnus is set to innovate and scale its beverage and nutrition solutions — signaling a new era of consolidation and growth in the food and beverage industry.
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