Sector News

Stonewall Kitchen to acquire Tillen Farms’ cocktail garnishes

December 18, 2017
Food & Drink

Stonewall Kitchen has agreed a deal to acquire Tillen Farms’ range of cocktail garnishes for an undisclosed sum.

The deal is expected to be completed in January 2018, after which Stonewall will own Tillen Farms products such as Bada Bing and Maraschino cherries as well as the brand’s range of pickled vegetables.

John Stiker, chief executive officer of Stonewall Kitchen said: “We have long admired the premium quality and variety of Tillen Farms’ delicious products, from their pickled asparagus spears and dilly beans to their signature Bada Bing cherries.

“The product line is completely complementary to the speciality food categories we currently offer, and provides us with an immediate leadership presence in the cocktail garnish category.”

Tim Metzger, the founder and owner of Tillen Farms added: “After growing the Tillen Farms brand over the last 13 years, I couldn’t imagine a more perfect partner than Stonewall Kitchen to help take the brand to the next level.

“We share similar values of providing superior product quality, clean ingredient labels, and predominantly US-based sourcing and manufacturing. I look forward to working with John and the team to continue to grow both Tillen Farms and Stonewall Kitchen in the coming years.”

Source: FoodBev

comments closed

Related News

June 24, 2022

Carlsberg announces resignation of CFO Heine Dalsgaard

Food & Drink

Carlsberg has announced the departure of its chief financial officer (CFO), Heine Dalsgaard, after six years in the position. In a statement, Carlsberg said that Dalsgaard was resigning from the post to take up the role of CFO at a private equity-backed company in a different industry.

June 24, 2022

Kellogg to split into three companies, focus on snacks

Food & Drink

Kellogg will split into three independent companies to focus on the snack business, Reuters reported Tuesday. The snacking portfolio will comprise the main business, while the North America cereal unit and the plant-based business will be spun off. The company is also considering a sale of the plant-based business.

June 24, 2022

Mondelēz to buy energy bar company Clif Bar for $2.9bn

Food & Drink

The snacks giant says the acquisition will help build on its commitment to “lead the future of snacking” in key geographies worldwide. Once the transaction is completed, Mondelēz will continue to operate the Clif Bar business from its headquarters in Emeryville, California. The snack giant will also continue to manufacture Clif Bars’ products, which include Clif Bar, Luna and Clif Kid, at its facilities in Idaho and Indiana.