Grecian Delight | Kronos Foods (a World Food Holdings company) announced that it sold its distribution business for an undisclosed amount to Christ Panos Foods, a family-owned broadline foodservice distributor located in Itasca, Illinois.
"This transaction marks an important step in the Grecian Delight | Kronos Foods strategic growth initiative. We are keenly focused on offering best-in-class service to our customers. By selling our distribution services business, we are further strengthening our position as the industry's premier manufacturer of Greek and Mediterranean foods," said Peter Parthenis, Jr., CEO of Grecian Delight | Kronos Foods.