Alasko Foods Inc has acquired FooDelicious Inc, a packaged frozen food company based in Ingersoll, Ontario. No financial terms were released. Alasko, a Montréal-based supplier of branded and private-label frozen fruits and vegetables, said the deal will strengthen its packing and distribution capabilities. Alasko serves food service, industrial and retail channels across Canada. It was acquired in 2010 by Catterton Partners, a U.S. consumer-focused private equity firm. Last year, the company also secured an investment from Canadian investors Avrio Capital and Fondaction CSN.
Alasko Foods Inc. completes acquisition of FooDelicious Inc.
MONTRÉAL, June 22, 2017 /CNW Telbec/ – Alasko Foods Inc. announces the acquisition of FooDelicious Inc., adding an established Canadian Foodservice brand and a best in class packing facility to its existing network and leading global supply chain for frozen fruits and vegetables.
FooDelicious customers can count on a seamless transition and will benefit from Alasko Foods’ global network of 100+ agri-food producers and processors across 30 countries. Based in southwestern Ontario, the FooDelicious facility will become an additional focal point of production, warehousing and distribution activity for Alasko Foods.
“We are delighted to welcome Dave Black and the entire FooDelicious team to the Alasko Foods family and we are looking forward to growing production at the FooDelicious facility” commented Alasko Foods CEO Michael Vineberg upon closing the transaction. The acquisition by Alasko Foods, one of North America’s leading suppliers of organic and conventional frozen produce, will enable the company to further strengthen its packing and distribution capabilities to service the needs of its customers.
About Alasko Foods
Alasko Foods is a global leader in the sourcing and supply of conventional and organic frozen fruits and vegetables to the Foodservice, Industrial and Retail channels across Canada. Their national customer base is supported by a dedicated sales team and serviced by distribution warehouses in Montreal, QC, Richmond, BC and Ingersoll, ON. The Alasko and FooDelicious facilities each have on-site lab testing capabilities and are CFIA, NSF-GFTC and EcoCert Organic certified, with the highest food safety standards.
For further information: Neil Chin, Chief Marketing Officer, firstname.lastname@example.org, 541-328-6661; Frank Scarfo, Chief Customer Officer, email@example.com, 514-328-6661
Photo courtesy of Alasko Foods Inc