Paradise

For over sixty years Paradise, Inc., based in Plant City, Florida, has produced, packed and distributed its brands of candied fruit, which have been the favorites of homemakers and commercial bakers throughout North America. The company’s candied fruit products serve as the primary fruit ingredient in holiday baked goods. The Paradise Brands include Paradise, Pennant, Sunripe, Mor-Fruit, Dixie Brand, and White Swan. In addition, some of America’s leading grocery retailers like The Kroger Companies, Safeway Stores, Inc., Food Lion, and Bi-Lo have such confidence in Paradise quality that they offer it for sale under their own labels. Today, these brands make Paradise, Inc. the largest manufacturer and supplier of consumer packaged candied fruit ingredients for baked goods in the world. For more information, please visit www.paradisefruitco.com.

has sold its fruits business to

The undersigned acted as the exclusive financial advisor and provided a fairness opinion to Paradise for this transaction.

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