Golden State Foods acquires New Zealand food manufacturer
Golden State Foods, one of the largest diversified food processors and distributors in the U.S., announced that it acquired majority ownership of Groenz Group Limited, manufacturer of sauces, dressings, condiments and powders for the quick service restaurant (QSR) and food service industries in New Zealand, Australia and the Pacific Islands, in a joint venture agreement.
"This opportunity with Groenz is a continuation of our strategy to support our customers in their local markets," said Mark Wetterau, chairman and CEO of Golden State Foods. "Groenz brings a tremendous reputation for service and product innovation, which will greatly enhance our product offerings and service to our customers, and we look forward to working with them."