Golden State Foods Acquires NZ-Based Snap Fresh Foods

GOLDEN STATE FOODS ACQUIRES NEW ZEALAND-BASED SNAP FRESH FOODS

August 15, 2014

Irvine, Calif: Golden State Foods (GSF), one of the largest diversified food processors and distributors in the U.S., announced today that it has acquired ownership of Snap Fresh Foods, a New Zealand-based provider of premium salad greens, vegetable mixes, baby-peeled carrots, fresh sprouts, dressings and condiments. The acquisition of Snap Fresh Foods includes two facilities in New Zealand that service that region as well as export to China.

“We look forward to expanding our regional produce foodservice business into the fast-growing retail sector with such a strong and successful brand as Snap Fresh Foods,” said Neil Cracknell, executive vice president and chief operating officer of Golden State Foods. “The addition of Snap Fresh provides great growth opportunities for GSF particularly in the retail salads segment, while providing new products and capabilities to our existing food service customers in the region.”

Snap Fresh Foods has cultivated leading retail brands including KrispkutTM, Farmer Bill’sTM, Dashboard DinerTM, Salad ShakesTM and SproutmanTM. Golden State Foods is acquiring the processing assets of Snap Fresh Foods’ brands, and the company’s farm suppliers will continue its existing operations and contract exclusively to Golden State Foods.

About Golden State Foods
Golden State Foods (http://www.goldenstatefoods.com/ ) is one of the world’s largest diversified suppliers to the quick service restaurant industry. Established in 1947, the $6 billion company is a value-based company with proven performance in superior quality, innovation and customer service throughout the QSR industry. With approximately 4,500 employees worldwide, GSF services more than 100 customers and 125,000 stores on five continents from its 44 facilities. Its core businesses include processing of liquid products, meat, produce, dairy and other services as well as full-line distribution to the quick service restaurant industry. The company also runs a national non-profit organization, the GSF Foundation for kids.

About Snap Fresh Foods
Snap Fresh Foods is a leader in food safety and quality standards, with a commitment to providing healthy and convenient fresh food choices to consumers.
Snap Fresh Foods produces various wholesome food options, including baby carrots, baby leaf products, slaws, stirfries, fresh salad dressings, and sprouts. They were also the world's first salad company to achieve carboNZero certification. For more information, visit: http://www.snapfreshfoods.co.nz/ .

ENDS

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