IRVINE, Calif., Nov. 6, 2012 /PRNewswire/ -- Golden State
Foods (GSF), one of the largest diversified food processors and
distributors in the U.S., announced today that it acquired KanPak
China, a manufacturer to the quick service restaurant (QSR)
industry, located in Xiantao City (Hubei
Province). The company is now the 51 percent majority
owner of KanPak China.
"We are thrilled about our partnership with KanPak, a very
professional company with a solid team in China," said Mark
Wetterau, chairman and CEO of Golden State Foods.
"This acquisition is part of our company's strategy to meet the
needs of fast-growing international markets. We are
especially looking forward to building our local manufacturing
capabilities in China to serve our
customers in that region. KanPak has an excellent facility
there, providing opportunities to produce a full-range of
products."
Initially, GSF plans to produce portion control liquid products
such as ketchup, sauces, dressings and syrups for customers in the
QSR industry, beginning in 2013. The company is currently one
of the largest producers of portion control liquid products in the
U.S. It also produces meat products, produce, bakery and
bulk- packaged liquid products and provides full-line distribution
services to the industry.
KanPak currently produces a variety of dairy-based products such
as smoothies, ice cream, coffees, creamers, frozen desserts and
specialty beverages for the QSR and retail industries.
Wetterau says that the partnership will be "complementary,"
enabling both companies to "round out" their offerings.
"KanPak is excited to have partnered with Golden State Foods, a
leader in diversified food supply and distribution to the QSR
industry," said KanPak's Chief Executive Officer, Dennis Cohlmia. "Through our partnership
with GSF, we have many reasons to believe in a bright and
productive future, including our joint commitments to customer
satisfaction through product solutions that leverage our core
competencies. This includes GSF's leadership and expertise in
liquid products portion pack and high volume runs and KanPak's
versatile aseptic capabilities. We believe that together, we
will help our customers succeed in achieving their goals by
providing multi-national and Chinese domestic foodservice operators
ongoing product solutions."
About Golden State Foods
Golden State Foods (www.goldenstatefoods.com) is one of the
world's largest diversified suppliers to the quick service
restaurant industry. Established in 1947, the $5 billion company is a value-based company with
proven performance in superior quality, innovation and customer
service throughout the QSR industry. With approximately 4,000
employees worldwide, GSF services more than 50 customers on six
continents from its 33 facilities. Its core businesses include
processing of liquid products, meat, produce, bakery and other
services as well as full-line distribution to the quick service
restaurant industry. The company also runs a national non-profit
organization, the GSF Foundation for kids.
About KanPak LLC
KanPak LLC (www.kan-pak.com) is the industry leader in
aseptically packaged coffee, dairy and fruit beverages and
desserts. Based in Wichita, Kan.,
the company has plants located in Arkansas City, Kan., Queretaro, Mexico, and Xiantao, Hubei, China, as well as offices and
distribution centers in Toronto,
Ont., Mexico City, Mexico,
and Shanghai, China.
KanPak's dispensing equipment business and facility is
located in Southbury, Conn.
Media
Contact:
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Shellie
Frey
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Golden
State Foods
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949.252.2000
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sfrey@goldenstatefoods.com
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SOURCE Golden State Foods