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
Danone has appointed three deputy CEOs to “better connect categories and regions” and drive the delivery of its ‘Renew Danone’ strategy. The new appointees are Veronique Penchienati-Bosetta, Shane Grant and Juergen Esser. They will report to Danone CEO Antoine de Saint-Affrique.
PepsiCo Portugal has announced that it will invest €7.5 million to construct a new biodigester, which will turn organic waste into biogas. As well as helping its Carregado facility to achieve a 30% reduction in carbon emissions, the biodigester will also contribute to reducing gas consumption, allowing the installation to use the biogas produced during the anaerobic digestion process.
Kerry is sponsoring The Kerry Upcycled Food Foundation Fellowship in a new partnership with the Upcycled Food Foundation (UFF), the non-profit subsidiary of the Upcycled Food Association (UFA). The research fellowship is the second initiated by the UFF and will work toward advancing the understanding of the market, consumer perception and technical opportunities of upcycled food.
