Fermented Food Holdings (FFH) has purchased GLK Foods’ sauerkraut division for an undisclosed sum.
With the deal, FFH gains GLK’s sauerkraut brands and “extensive” supply chain capabilities.
“With the acquisition of the GLK sauerkraut business, we gain capabilities in procurement, packaging solutions and distribution that are very strategic to our vision,” said FFH COO, Jorge Azevedo.
Oliver Joost, FFH co-president, added: “We believe that the acquisition of GLK’s sauerkraut business will add critical supply chain capabilities and distribution reach to unlock our next chapter of growth”.
Founded in 2021, FFH owns a portfolio of fermented food brands, including Wildbrine and Bubbies which the company acquired earlier this year.
Ryan Downs, president of GLK, said: “The GLK team is excited to welcome the acquisition by FFH of its sauerkraut business in Bear Creek, Wisconsin”.
“FFH has a vibrant portfolio of brands to add to those of the GLK sauerkraut business and offers a business approach that will be an excellent fit for a business that has been family-owned for four generations.”
He added that “as a new FFH shareholder, I am particularly excited to watch the brands grow and see the positive impact on the local community”.
© FoodBev Media Ltd 2024
World Beverage Innovation Awards – NOW OPEN FOR ENTRIES!
The awards celebrate excellence and innovation across the global beverage industry. Don’t miss out on having your innovations recognised on a global scale.
Deadline for entries 23 July – enter now!
Don’t get left behind
Start your free Foodbev magazine trial today and join thousands of fellow industry professionals in receiving food and drink trends direct to our business.
Click here to start your free trial
Your privacy We use small files known as ‘cookies’ to enhance your experience of the FoodBev website and analyse site-traffic. Read about how we use cookies or how you may control them in our updated privacy policy and cookie policy. If you continue to use this site, you consent to our use of cookies. Click the ‘OKAY‘ button at the top right of this panel to accept or click here for more information.