Late last week private brand sauce and condiment manufacturer Golding Farms Foods, Inc. announced that it has acquired Arcobasso Foods, Inc. a manufacturer of refrigerated dressings, sauces and beverage mixers. The acquisition enhances Golding Farms’ capabilities in numerous categories and establishes a national manufacturing footprint to supply the Company’s customers. Financial terms of the transaction were not disclosed.
Founded in 1987 and based in Hazelwood, Missouri, Arcobasso offers its customers private label, branded and co-packed sauce and condiment products including salad dressings, hot sauces, wing sauces, BBQ sauces and drink mixers.
“Arcobasso Foods is a special company with long-standing relationships and commitments to customers, suppliers, employees and the St. Louis community,” stated John Frostad, CEO of Golding Farms. “The addition of Arcobasso will meaningfully expand Golding Farms’ manufacturing footprint, creating a specialty sauce and condiment platform capable of serving customers in almost every geography and trade channel. We are pleased to welcome the Arcobasso team to Golding Farms.”
“I am very proud of our success and the growth we have experienced since my brother founded Arcobasso in 1987,” added Pat Newsham, President of Arcobasso Foods. “Our combination with Golding Farms will allow us to be a better strategic partner for our customers. I look forward to partnering with John Frostad and the rest of the Golding Farms team to help accelerate the continued growth of our combined business.”