CFC Logistics, Inc. Closes Term Loan
- Fairmount Partners
- Apr 18, 2008
- 1 min read
Updated: Apr 9
HATFIELD, PA – April 18, 2008 – CFC Logistics, Inc., a subsidiary of Clemens Development, LLC, closed on a $16,000,000 term loan with Univest National Bank and Trust Co. for its 250,000 square foot cold storage warehouse in Quakertown, Pennsylvania. Clemens Development, LLC is a real estate subsidiary of The Clemens Family Corporation which owns Hatfield Quality Meats, Inc., a leading manufacturer and supplier of fresh and processed quality pork products such as hams, bacon, sausage, hot dogs and deli meats.
Principals of Fairmount Partners acted as financial advisor to CFC Logistics, Inc. on the arrangement of this financing.