CIBC U.S. Asset Based Lending closed a senior credit facility to support New Water Capital Partners II, L.P.’s acquisition of Dutch Gold Honey, Inc., as well as provide working capital to fuel the continuing growth of the business and a comprehensive suite of banking services.

Founded in 1946 in Lancaster, PA, Dutch Gold Honey, Inc. is a leading producer of ethically sourced honey in the U.S. The Company is well-known for its innovation, including the creation of the iconic plastic honey bear container. Dutch Gold Honey distributes its products across a variety of retail channels, restaurants, food service, and food manufacturing companies. The company is comprised of several businesses including McLure’s Honey & Maple Products, Gamber Container Company, The Bacon Jug Company, and DGH Logistics.

“We are excited to partner with CIBC in this significant acquisition,” said Nick LaRosa, Vice President of New Water Capital Partners. “With CIBC’s support, Dutch Gold Honey is well-equipped to expand its capabilities and continue delivering exceptional products to its customers.”