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Matzo maker Manischewitz sold to investment firm
Matzo and kosher wine maker Manischewitz has been sold, just in time for the Passover Seder meal.

 

Sankaty Advisors, an arm of private equity firm Bain Capital, bought the company from a group including investment firm Harbinger. The price was not disclosed.

 

Manischewitz is one of the few remaining mass manufacturers of matzo left in the US as the market has lost ground to imports.