Kar's Nuts
Kar’s Nuts was founded in 1933, in a tiny kitchen in their home across the street from Tiger Stadium in Detroit. Here, Sue Kar roasted and sold peanuts to Tiger fans. The peanuts became so popular that a manufacturing plant was soon built to distribute peanuts to retailers throughout Metro Detroit. The company was sold to the Nicolay family in the 1960’s, and continues today as a family-run business. Still based in Michigan, Kar’s Nuts now roasts and packages nuts and trail mixes carried by convenience stores, grocery chains and club stores throughout America.
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2 past transactions
Sanders & Morley Candy Makers
Acquisition in 2018
Sanders is a food & beverage firm specializing in desserts and chocolate production.
Second Nature Brands
Private Equity Round in 2017
Second Nature Brands creates natural, premium snacks and treats under its Kar’s Nuts®, Second Nature Snacks®, and Sanders Chocolates® brands. With a focus on new product development, thoughtful ingredient sourcing, and innovative processes, the company offers healthier alternatives without artificial ingredients or preservatives. Its products are widely distributed across the U.S. and available through direct-to-consumer eCommerce channels.
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