Saline-based Flatout purchased for $92 million

Columbus, Ohio-based T. Marzetti Co. bought the Saline-grown rolled sandwich franchise Flatout for a not-too-shabby $92 million.

Excerpt:

"Flatout reported $42 million in net sales in 2014. The company has about 150 employees at its factory in a Saline industrial park. The company, one of Washtenaw County's most successful food start-ups, was partially sold in 2010 to private equity firm North Castle Partners and Glencoe Capital."

Read the rest here.
 
Enjoy this story? Sign up for free solutions-based reporting in your inbox each week.