LOS ANGELES, CA - sweetgreen has acquired Galley Foods in order to proceed with its healthy food expansion. The fast casual chain completed the acquisition for an undisclosed amount of cash and stock. This is the company's first-ever acquisition.
"We're both companies with D.C. roots, and we're like-minded in our mission and in our commitment to our customers to better understand them and meet them wherever they are," said Jonathan Neman, sweetgreen's Co-Founder and CEO. "It's with this mutual thinking, and Galley Foods' unparalleled insight into delivery, that we look forward to welcoming Alan and his team."
According to the company’s press release, sweetgreen will be able to use this new acquisition to its advantage with Galley Foods' knowledge of logistics technology, live courier operations, and high-volume production. Alan Clifford, current CEO of Galley Foods, is now the newly appointed VP of Logistics for sweetgreen.
"As a health-focused brand that was also homegrown in Washington, D.C., we've admired sweetgreen since its start," said Clifford. "It's a company that, since its inception, has paved the way for change in the restaurant industry and inspired other brands to challenge the way they think about connecting people to food."
Galley Foods will carry on with operating in and serving D.C. while leveraging sweetgreen's supply chain made up of regional growers, producers, and distributors as part of the terms of the acquisition.
Moreover, sweetgreen is also partnering with Dreaming Out Loud, a Washington, D.C.-based healthy food non-profit. Families who will be participating in the summer Community Supported Agriculture (CSA) at The Kelly Miller Farm—an urban farm program at Kelly Miller Middle School providing fresh fruits and vegetables—will be offered prepared meals made with local ingredients from sweetgreen and Galley Foods.
Along with helpful tips to create dinner at home with produce from their CSA boxes, over 50 households will get family-style Galley meals next month.
For more news on sweetgreen’s acquisition and partnerships, keep checking back with AndNowUKnow.
