Braintree, MA — Panorama Foods, Inc. announced that it has acquired Daelia’s Food Products, LLC, an Ohio based maker of Daelia’s® Biscuits for Cheese, Beer Flats™ Crackers and Daelia’s® Honey Nougats. The transaction was completed on February 11 of this year. The Daelia’s brands join Panorama’s existing portfolio of specialty foods brands including Original Trenton Crackers® (OTC), Wing-Time® Buffalo style wing sauces, Buffalo Betty™ Bloody Mary mixes, Special Edition Salad Nuggets® and Global Treasures® spices.
Ken Meyers, president of Panorama Foods said, “we’re excited about this new combination and the opportunities it presents for the Daelia’s line. Panorama Foods has a solid history of supporting and developing smaller brands in the specialty food space and Daelia’s fits in perfectly with our existing portfolio.” Meyers noted that strong customer crossover between the two companies will ensure a smooth and speedy integration.
Maria Walley, founder and president of Daelia’s Food Products will remain active through the transition. “I see this as a great opportunity to get Daelia’s to the next level,” she said. “Panorama is already in the cracker business and Daelia’s cracker lines compliment the OTC brand very well, especially as it relates to Panorama’s strong presence in the winery channel.”
According to Meyers, this is the fourth product line Panorama Foods has acquired in 4 years. “Specialty foods is a very fragmented industry,” he said, “with a lot of small players who often have trouble getting to that point of critical mass on their own. We’ve developed a solid platform that fosters growth for some of these brands where they might not have succeeded alone.”
Panorama Foods sells its products primarily through the specialty foods retail and foodservice distribution channels in the US and internationally. It is a privately held company based in Braintree, MA. For further information about either Panorama Foods or Daelia’s Food Products, please visit the web addresses below or contact Jan Siplon.
http://www.panoramafoods.com
http://www.daeliasbiscuitsforcheese.com
Source: Panorama Foods, Inc.
