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
Cécile Béliot has assumed the role of Bel Group chief executive officer, following the decision to separate the roles of chairman and CEO. The separation of the functions will enable Bel Group to develop in three areas of healthy snacking. Meanwhile, the company’s former CEO, Antoine Fiévet, has had his mandate renewed as chairman of the board.
US Food and Drug Administration (FDA) Commissioner Dr. Robert Califf was grilled by lawmakers during a House Appropriations subcommittee hearing, where he was slammed over the agency’s handling of the escalating infant formula shortage.
Sweegen is ramping up its efforts to reduce sugar across F&B applications while simultaneously tapping into the benefits of using antioxidants and bitter blocking technology. Speaking to FoodIngredientsFirst, Casey McCormick, vice president of global innovation at Sweegen, says product developers can find a broad range of solutions in Sweegen’s nature-based sweetener systems as brands elevate better-for-you foods.
