Cameron's Coffee sold for $113M: Conglomerate owner says the roaster-distributor's HQ and operations will stay in Minnesota.

Shakopee-based Cameron's Coffee has been sold to a Colombian food conglomerate for $113 million.

Grupo Nutresa S.A., headquartered in Medell-n, Colombia, on Wednesday acquired Cameron's holding company, CCDC OpCo Holding Corp. Nutresa purchased the coffee roaster and distributor from Goldner Hawn, a Minneapolis-based private-equity firm.

Cameron's headquarters and operations will remain in Minnesota, Nutresa said in a release.

"Through Cameron's Coffee, Grupo Nutresa strengthens its international presence in a fast-growing and dynamic category, which offers multiple opportunities for sustainable long-term value creation through effective, differentiated innovation," said Carlos Ignacio Gallego, Grupo Nutresa's...