Sector News

Saco Foods acquires California Sun Dry Foods

February 5, 2019
Food & Drink

Saco Foods, L.L.C., a manufacturer and distributor of specialty consumer packaged goods, has acquired California Sun Dry Foods, Inc. Financial terms were not disclosed.

Based in Danville, Calif., California Sun Dry Foods supplies shelf-stable sun-dried tomato products that are sold through supermarkets, mass retailers and club stores in the United States and Canada. The company’s products include jarred and bagged sun-dried tomato products.

“With the acquisition of California Sun Dry, Saco has significantly expanded its volume in the produce section,” said Tom Walzer, president and chief executive officer of Saco. “We are excited to welcome Charles Olins to the team and grow and build upon California Sun Dry’s successful legacy in the years to come.”

Mr. Olins, who had been vice-president of sales and marketing at Concord Foods, has joined Saco as vice-president and general manager. He will be responsible for growing the California Sun Dry brand under Saco’s ownership.

Founded in 1973, Saco’s primary products include Dolci Frutta, a chocolate hard-shelled dessert dip for fruit, nuts and other snacks. The company also distributes powdered instant milk, powdered dry buttermilk and baking cocoa under the Saco Pantry family of brands.

By Eric Schroeder

Source: Food Business News

Related News

January 24, 2020

Fueling the $148.7 billion specialty food industry

Food & Drink

LinkedIn Twitter FacebookThe specialty food industry continues to outpace conventional grocery sales, but the rate of growth has slowed as the market approaches maturity, according to Mintel analysts speaking at […]

January 23, 2020

The art and science of tracking food trends

Food & Drink

LinkedIn Twitter FacebookAmong the top foods predicted to post strong growth over the next four years are cultured butter, hard seltzer, turmeric and Tajin seasoning, according to Datassential. Kombucha, matcha […]

January 21, 2020

Grain-based foods industry seeks ways to slow pace of category losses

Food & Drink

LinkedIn Twitter FacebookThat the grain-based foods industry is losing market share to other food categories isn’t new. The pace at which the losses are transpiring and the urgency with which […]