Trade Resources Company News GSF Finalizes The Acquisition of The Emmi Penn Yan Factory

GSF Finalizes The Acquisition of The Emmi Penn Yan Factory

Golden State Foods (GSF) owned KanPak US has finalized the acquisition of the Emmi Penn Yan Factory, a production facility for aseptic dairy products in Penn Yan, N.Y.

KanPak U.S. is a joint venture partnership with Golden State Foods, one of the largest suppliers to the quick service restaurant (QSR) and retail industries. GSF services more than 125,000 restaurants in 60 countries from five continents. Its core businesses include processing of liquid products, dairy, produce, meat,and full-line distribution services.

"We're pleased about this agreement with Emmi, which will enable GSF and KanPak to further diversify our U.S. customers," said Larry McGill, GSF Corporate Vice President and President and Chief Executive Officer, KanPak U.S. "It was a great solution for both parties as we have the ability to expand production and drive growth, allowing Emmi to dedicate more resources to its specialty cheese business in the U.S."

KanPak U.S., headquartered in Arkansas City, Kan., was acquired by Golden State Foods in October, 2013 and produces a variety of dairy-based products such as smoothies, ice cream, milk shake base, packaged milk, coffees, creamers, frozen desserts, and specialty beverages. Dennis Cohlmia currently serves as Chairman of the Board of KanPak U.S. and previously served with his father, George Cohlmia, who originally founded KanPak in 1965.

"We appreciate all that Dennis has done to establish and grow this long-term, family-run business over the past four decades and we look forward to continued growth through this new joint venture partnership," added McGill.

 

 

Source: http://www.food-business-review.com/news/golden-state-foods-to-acquire-emmi-penn-yan-factory-191214-4475026
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Golden State Foods to Acquire Emmi Penn Yan Factory