PALM BEACH, FL – Arbor Investments, (“Arbor”), a specialized private equity firm focused on acquiring companies in food, beverage, and related industries is pleased to announce the appointment of Bernard Condon as Divisional Operating Partner. Condon is an acclaimed senior business leader with deep expertise in the global food industry. He will officially join the firm on July 1st.
Prior to joining Arbor, Condon spent 25 years at Ornua, a global leader in providing wholesome, natural dairy products to consumers and manufacturers in over 110 countries worldwide. During his tenure at Ornua, Condon served in a range of key leadership roles and has experience working with retail, ingredients and food service partners. Most recently Condon was Managing Director of Ornua’s Global Ingredient Division where he had responsibility for a $1.8 billion P&L with manufacturing plants in the USA, UK, Spain, and Saudi Arabia.
Commenting on the hire, Arbor President John Jordan said, “I’ve personally known Bernard for his entire career at Ornua and have watched how he has grown businesses by building great teams, ensuring clarity of strategy, and by staying focused on the key business performance metrics. He has a proven track record of guiding businesses through periods of growth and transformation. I’m confident Bernard will be a tremendous asset to Arbor and look forward to getting him engaged with our portfolio company CEOs and leaders to support them in executing their value creation plans.”
“Arbor has a fantastic reputation as a successful hands-on food investor,” said Condon. “The firm is known for their ambition to drive growth and their relentless focus on generating value. I’m excited to join the team.”
Arbor Co-CEO Carl Allegretti added, “Arbor has a strong track record of working alongside our management teams to find value and drive growth. Bringing on a proven talent like Bernard is further proof of our continued commitment to strengthening the firm’s differentiated operational capabilities. His extensive career in the global food and ingredient space, combined with his strong operating and leadership skills, is a winning combination and I’m confident he will step in and immediately add value.”
