VENTURA FOODS TO ACQUIRE DYMA BRANDS [Yahoo! Finance]
Moelis & Company Class A (MC)
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Source: Yahoo! Finance
May 1, 2024 /PRNewswire/ -- Ventura Foods, a food manufacturing and innovation company specializing in custom and branded products for restaurants and retailers, has reached an agreement to acquire DYMA Brands. Headquartered in Atlanta, Georgia , DYMA Brands is a leader in liquid portion control and bulk condiments, seasonings, and dry blend mixes for the foodservice industry. It has more than 500 employees and operates manufacturing facilities in Bremen, Georgia Duluth, Georgia Bondurant, Iowa ; and Visalia, California All DYMA Brands employees and manufacturing locations were acquired as part of the transaction. The DYMA Brands company will continue to operate as a wholly owned subsidiary of Ventura Foods. "DYMA Brands is an ideal fit for Ventura Foods and represents an exciting next chapter of strategic growth for our company," said Chris Furman , President and CEO of Ventura Foods. "This purchase allows us to better support our customers with added production and distributio
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