Infant and toddler product manufacturer Munchkin Inc. will pursue acquisitions and expand international distribution with funds received from a sale of common stock to a Canadian pension plan. Terms of the transaction between North Hills-based Munchkin and the Ontario Teachers’ Pension Plan were not disclosed. The sale makes the pension plan a minority owner of the company. The investment is part of the pension group’s strategy to invest in well-run businesses that provide attractive returns over the long term. Munchkin has had profitable, double-digit growth over the past decade, according to the company. Mark R. Madler
Pension Plan Buys Minority Stake in Munchkin
