USA: Ziyad Brothers acquires Indo-European Foods

Ziyad Brothers, a provider of Middle Eastern and Mediterranean products and a portfolio company of Peak Rock Capital, has acquired Indo-European Foods (IEF), a US-based ethnic food business, from equity fund Corridor Capital for an undisclosed sum.

Founded in 1966, IEF is described as a leading importer and distributor of specialty ethnic foods, offering a diverse portfolio of products, including Zergut spreads, Mediterranean grains, Eastern European cheeses, and private-label items, distributed across 45 states.

In a statement, the companies said the move is intended to combine two businesses with complementary brand portfolios and geographical coverage, as well as to support IEF’s accelerated growth in strategic markets across the South and Midwest of the US.

Heaquartered in Chicago and with additional facilities in New Jersey and California, Ziyad Brothers has a diverse portfolio of over 800 SKUs.

Source: Brown Gibbons Lang & Company (via Specialty Food)