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Gehl Foods, owned by Wind Point Partners portfolio company GF Assets Holdings, acquired California Natural Products, an aseptic Tetra Pak packager based in Lathrop, California.
Chicago private equity firm Wind Point Partners has acquired Paragon Films, a manufacturer of cast stretch films headquartered in Broken Arrow, Oklahoma, which operates three plants in Oklahoma, North Carolina and Washington state. Terms were not disclosed.
The Carlyle Group agreed to buy Hartsville, South Carolina-based packaging company Novolex from Wind Point Partners and TPG Growth. No financial terms were disclosed and closing is expected before year end.