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The company was founded in 1993 and is based in Greenwich, Connecticut. [13] As of 2011, C. Dean Metropoulos & Co. has been involved in over 72 acquisitions with over $12 billion in invested capital. [12] The company jointly owned Hostess Brands along with Apollo Global Management.
The company was founded in November 1996 when American Home Products spun off its food business, American Home Foods, which was acquired by private equity firm Hicks, Muse, Tate & Furst and C. Dean Metropoulos & Co. and renamed International Home Foods. [3] The latter paid US$1.2 billion to acquire 80% of IHF. [4]
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In August 2016, the Playboy Mansion was bought for $100 million by Daren Metropoulos, the co-owner of Hostess Brands and a principal in the investment firm C. Dean Metropoulos & Co. [21] Metropoulos intends to renovate and restore the mansion to its original form. [1]
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The 20,000-square-foot Los Angeles home had originally listed for $200M in January, which made it the most expensive home for sale in America at the time.
The company was founded in 1976 by Perrier as Great Waters of France, Inc. to sell and produce Perrier in the United States. [3] In January 1979, the company opened its first production facility in the United States. [4] From 1976 to 1979, the company was able to increase its sales from three million bottles a year to two billion bottles a year.
Private-equity and branding specialist Daren Metropoulos is the new owner of the 3.2-acre oceanfront property at 455 N. County Road, according to a statement from his spokeswoman.