California Sun Dry Foods Acquired
MIDDLETON, WI - Saco Foods, LLC is pushing its way further into the produce department with the recent acquisition of California Sun Dry Foods, Inc. In addition, the former VP of Sales and Marketing at Concord Foods, Charles Olins, has joined Saco as VP and General Manager, in an attempt to grow the California Sun Dry Brand under Saco’s ownership.
“With the acquisition of California Sun Dry, Saco has significantly expanded its volume in the produce section,” said Tom Walzer, Saco’s CEO and President. “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.”
California Sun Dry is a leading brand of sun-dried tomatoes in the U.S., according to a press release. California Sun Dry will join Saco’s successful line of products that include Dolci Frutta, a chocolate hard-shell dessert dip.
This transaction has been discussed by both companies for several years, the press release stated, and the formal combination strengthens the market-leading presence of both California Sun Dry and Doli Frutta in the produce aisle. The selling of the company was to facilitate the retirement of California Sun Dry’s owners, Gary DeAtley and Bill Riley.
“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,” commented Riley. “It will be exciting to see the combined companies and brands grow and thrive under common ownership.”
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