Saco Foods Acquires California Sun Dry Foods, Inc.
PR Newswire
MIDDLETON, Wis., Feb. 4, 2019
MIDDLETON, Wis., Feb. 4, 2019 /PRNewswire/ — Saco Foods, LLC (“Saco”), manufacturer and distributor of specialty consumer packaged goods, has acquired California Sun Dry Foods, Inc. (“California Sun Dry”), the leading brand of sun-dried tomatoes in the United States. California Sun Dry joins Saco’s line of successful products including Dolci Frutta, a chocolate hard-shell dessert dip. Charles Olins, formerly the VP of Sales and Marketing at Concord Foods, has joined Saco as Vice President and General Manager 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.”
Saco’s and California Sun Dry’s owners have discussed this transaction for several years and the formal combination strengthens the market leading presence of both California Sun Dry and Dolci Frutta in the produce aisle. California Sun Dry’s owners, Gary DeAtley and Bill Riley, sold the business to facilitate their retirement.
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.”
About Saco Foods
Saco (www.sacofoods.com) is a leading distributor of specialty consumer packaged goods selling primarily to supermarkets and mass retailers in the U.S. Founded in 1973, Saco’s primary products include Dolci Frutta, a chocolate hard-shell dessert dip for fruit, nuts, and other snacks, as well as powdered instant milk, powdered dry buttermilk, and baking cocoa sold under the Saco Pantry family of brands. Saco is recognized for its commitment to quality and unique, innovative products, which has helped the company establish and maintain long-term relationships with its top customers.
About California Sun Dry Foods
Founded in 1991, California Sun Dry (www.calsundry.com) is the leading supplier of superior quality, shelf-stable sun-dried tomato products sold through supermarkets, mass retailers and club stores in the U.S. and Canada. The company has a comprehensive product portfolio of jarred and bagged sun-dried tomato products and enjoys the number one market share position in the growing sun-dried tomato category. Its products are known for their premium taste and innovative flavors.
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SOURCE Saco Foods, LLC
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