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
The facility is designed to foster innovation and deepen collaboration with customers, by offering a range of new services and solidifying its role as a central hub for customer support. Tereos’ team, supported by a network of 50 scientists, will ensure customers can innovate and meet the rising consumer demand for healthier and more sustainable products.
Glanbia has agreed to acquire Flavor Producers from Aroma Holding for an initial consideration of $300 million. Flavor Producers is a US-based flavour platform, providing flavours and extracts to the F&B industries, with a focus on organic and natural ingredients.
Lesnard, who previously worked at Nike, The North Face and Sephora, has a mission to “grow and sustain GODIVA’s position and expertise in the premium chocolate category, leveraging ongoing support from pladis to take GODIVA and its legendary chocolate to new heights.”
