Sugar Foods Acquires Concord Foods
Sugar Foods has acquired Concord Foods, a deal officials with the former said would position the company to deliver enhanced innovations along with an expanded suite of services to its customers. Terms of the deal were not disclosed.
According to Sugar Foods, the acquisition creates new market development opportunities within each of Sugar Foods’ business segments, including its Fresh Gourmet division. The company’s retail customers will benefit from simplified logistics and vendor management, enhanced merchandising and marketing across ancillary produce categories, company officials said.
“Today marks a pivotal moment in Sugar Foods’ growth journey,” said Andrea Brule, president of Sugar Foods. “Concord and Sugar Foods share a long and successful history of customer-led innovation and service, and, with our complementary capabilities, I am confident that, together, we will maximize customer value and unlock new growth opportunities.”
Founded in 1968, Concord Foods is a leading supplier of custom ingredients and retail food products, serving nationally recognized supermarkets, food service operators and food manufacturers. The acquisition adds Concord’s 255,000 square foot, state-of-the-art Brockton, Mass., facility to Sugar Foods’ North American operational footprint, which will play an integral role in the company’s future growth plans. Sugar Foods also acquired Concord’s brands as part of the transaction, including Concord Fresh Success, Simply Concord, Italia Garden, Oringer and RedEMade.
“I have long admired Sugar Foods for its diverse product categories, customer-led culture and deep commitment to quality and service,” said Robin Galloway, CEO of Concord Foods. “The Concord team is thrilled to begin its next chapter with Sugar Foods and looks forward to executing on the robust pipeline of growth opportunities ahead.”
Sugar Foods Corporation is a multinational food products company serving all segments of the marketplace – foodservice, retail, specialty and quick-service outlets. Founded in New York City in 1948, Sugar Foods’ brands include Fresh Gourmet, Mrs. Cubbison and N’Joy, along with private label and licensed products, and the company produces crunchy toppings, croutons, beverage ingredients, pizza toppings and more.