SHELBY, MI - Teamwork is at the root of many successes in this industry, and here is one more example. Peterson Farms, a trailblazer in fruit processing for over 30 years, has acquired King Brands to its family of companies in a step toward expanding its product portfolio.
"We are thrilled to welcome King Brands into the Peterson Farms Family of Companies," said Aaron Peterson, Chief Executive Officer. "This acquisition aligns perfectly with our growth strategy and our commitment to providing the best products to our customers. King Brands' expertise and reputation for excellence complement our own, and we look forward to achieving great things together."
King Brands supplies shelf-stable juices in aseptic liter boxes, in cups, or pouches. The products require no refrigeration and are ready to serve. These are distributed to foodservice sectors such as healthcare, schools, and the military, a press release explained.
The integration process will begin immediately, with a focus on ensuring a seamless transition for both employees and customers.
King Brands is focused on fostering growth and innovation in the foodservice industry and is confident the acquisition will help pave the way for a brighter and more prosperous future.
The new synergy is expected to drive innovation, improve operational efficiencies, and enhance customer satisfaction throughout King Brands' well-established distribution channels.
AndNowUKnow will continue to report on more industry acquisitions so check back daily.
