PAK Quality Foods, a portfolio company of Cross Rapids Capital and a food distributor serving foodservice, retail and institutional customers throughout Texas and Eastern New Mexico, recently acquired substantially all assets of Las Colinas International doing business as Formosa Foods, a family-owned food distributor based in Dallas.

The acquisition enables both companies to grow by broadening the portfolio of products and services they offer to customers as well as by broadening their customer bases. The owners and leaders of Formosa Foods, Jesse and Weldon Chang, will continue to run the business and invested in PAK Quality Foods as part of the transaction.

Founded in 1979, Formosa Foods serves foodservice, retail and institutional customers across Texas, Oklahoma, Louisiana and Arkansas. In addition to beef, pork and poultry, Formosa Foods also offers seafood, lamb, goat, grains, dry goods, disposables and other products.

"PAK Quality Foods is thrilled to join forces with the Formosa Foods team," said John Pieper, chief executive officer of PAK Quality Foods. "We are excited to expand our offering to customers and also to offer Formosa Foods' customers access to our products and service. Formosa Foods' mission of providing top-quality food products and being a trusted partner to its customers aligns perfectly with that of PAK Quality Foods. Together we will be an even stronger company."

Source: PAK Quality Foods