Sugar Foods, a manufacturer of toppings, croutons, beverage ingredients and pizza toppings owned by Pritzker Private Capital, has announced the acquisition of Concord Foods, a leading US provider of retail foods and bespoke ingredients.
Previously owned by Arbor Investments, Concord Foods is described as a premier supplier of custom ingredients and retail food products, catering to nationally-recognized supermarkets, foodservice operators and food manufacturers.
The acquisition is set to include Concord’s 255,000 sq ft facility in Brockton, MA, along with brands like Concord Fresh Success, Simply Concord, Italia Garden, Oringer and RedEMade, broadening Sugar Foods’ North American operational footprint.
Commenting on the acquisition, Sugar Foods president Andrea Brule said: “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. This transaction combines the best of both organizations, and I look forward to welcoming the talented Brockton team to our Sugar Foods family”.
Terms of the acquisition were not disclosed.
Source: Pritzker Private Capital