Mount Franklin Foods expands with acquisition
Mount Franklin Foods, a producer of private label snacks, nuts, confections and more, has acquired the food processing and ingredients divisions of Chicago-based Arro, which will be rebranded as a new independent business under Mount Franklin Foods called Element Food Solutions.
Mount Franklin was featured in last month's Snacks Report and is a supplier of candy, mints, nut products, gummies, jellies, fruit snacks and snack mixes for private label but also under the brands Sunrise Confections, Azar Nut and Hospitality Mints. With the addition of the Arro food processing business, Mount Franklin attains the company’s large product development and packaging solutions business for bake mix, powdered beverages, ingredients for cereals, trail mix and nut categories. The ingredient business brings to Mount Franklin operations for more bulk ingredient blending, large format handling and storage solutions.
"By adding the synergistic Element Food Solutions into the Mount Franklin portfolio, we will not only enhance our offerings but will be able to assist more customers in more categories and help them turn manufacturing challenges into successes,” said Eloy Vallina, owner and chairman of the board for Mount Franklin Foods, headquartered in El Paso, Texas.
The Element Food Solutions business will continue to operate out of the former Arro locations.
"This acquisition and formation of Element Food Solutions supports our strategic growth strategy," said Enrique Grajeda, President and CEO of Mount Franklin Foods. "The enhanced capabilities this new business unit brings will allow us to further assist our customers in developing innovative items for growing categories such as protein powders and healthier-for-you baking ingredients."