Orval Kent Food Adds On

Orval Kent Food Co., a portfolio company of Questor Management Co., has acquired Fresh Creative Foods LLC, a San Diego-based processor and distributor of a diverse array of ready-to-eat refrigerated gourmet meals and side dishes. No financial terms were disclosed. RSM EquiCo Capital Markets advised Fresh Creative on the deal.

 

PRESS RELEASE

 

Orval Kent Food Company Inc., a portfolio company of Questor Management Company, has acquired Fresh Creative Foods LLC. Terms of the transaction were not disclosed.

 

RSM EquiCo Capital Markets LLC initiated the transaction, led the negotiations and acted as the exclusive advisor to Fresh Creative Foods. Luce, Forward, Hamilton & Scripps LLP served as legal advisor to Fresh Creative. Honigman Miller Schwartz and Cohn LLP served as legal advisor to Orval Kent.

 

Fresh Creative Foods is a processor and distributor of a diverse array of ready-to-eat refrigerated gourmet meals and side dishes. The company specializes in chicken dishes and its proprietary product line includes salads, dips, spreads and entrees. Fresh Creative produces original “California Style” ready-to-eat gourmet food products. The company is based in San Diego, Calif.

 

Founded in 1952, Orval Kent Food Company provides “best in class” quality and freshness as the preferred single-source refrigerated prepared foods supplier for retail and foodservice customers. The company manufactures and sells a wide variety of fresh, refrigerated foods such as deli-style salads, component kit salads, mashed potatoes and side dishes, fresh-cut fruit, dips and salad dressing. Orval Kent is based in Wheeling, Ill. and operates out of manufacturing and distribution centers in California, Illinois, Kansas, Ohio, Texas and Mexico.

 

Questor Management Company specializes in the acquisition of companies with performance-improvement opportunities, including corporate divestitures, underperforming and troubled companies, and special situations. Questor is based in Southfield, Mich.