US company Saco Foods has acquired California Sun Dry Foods to expand its presence in the produce category.
California Sun Dry’s range of sun-dried tomato products joins Saco’s portfolio, which includes Dolci Frutta, a chocolate hard-shell dessert dip.
Charles Olins, formerly vice president of sales and marketing at Concord Foods, has joined Saco as general manager to grow the California Sun Dry brand under Saco’s ownership.
Saco and California Sun Dry said both companies’ owners have discussed this transaction for several years. California Sun Dry’s owners, Gary DeAtley and Bill Riley, sold the business to facilitate their retirement.
Tom Walzer, Saco CEO, said: “With the acquisition of California Sun Dry, Saco has significantly expanded its volume in the produce section. We are excited to welcome Charles Olinsto the team and grow and build upon California Sun Dry’s successful legacy in the years to come.”
Bill Riley added: “I’ve known Ray Sanna, Saco’s founder, for over 20 years, and Gary and I believe we’ve found the right long-term home for California Sun Dry. It will be exciting to see the combined companies and brands grow and thrive under common ownership.”
Headquartered in Wisconsin, Saco Foods also sells powdered instant milk, powdered dry buttermilk, and baking cocoa.
© FoodBev Media Ltd 2024