Sunny Delight Beverages Co. has sold and leased back three U.S. bottling facilities for a price of $58 million.

The deal’s proceeds were used to pay down senior indebtedness, according to a press statement.

Angelo, Gordon & Co.’s Net Lease Group purchased the facilities, which are located in Anaheim, Calif.; Dayton, N.J.; and Atlanta, Ga.

Sunny D, which produces juice-based drinks in North America and Western Europe, is owned by Boston-based private equity firm J.W. Childs Associates L.P. Sunny D has its U.S. headquarters in Cincinnati, Ohio, and its European headquarters in Barcelona, Spain.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
We're here to help. Free 90-day trial for new subscribers.Click Here ×