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Purchasing meat snack business.

Monogram Food Solutions, LLC, the Memphis-based manufacturer of value-added processed meats, has announced it has entered into a contract with American Foods Group, LLC, to purchase its meat snack business which includes the Martinsville, VA, production facility, and the rights to the Bull's, Hannah's, O'Brien's and Dakota brand names.

Following the satisfaction of all contingencies, closing is expected to take place around the first of September.

All employees of the Martinsville production facility will be retained by Monogram. Upon completion of the acquisition, Monogram plans to expand production capacity and capabilities at the Martinsville facility, including the addition of several ovens, and plans to hire up to an additional 120 employees as production expands.

"Like our other completed and announced acquisitions this year, this planned purchase will enhance both our production capacity and the growth of our position as a leader in offering top-quality regional and nationally distributed meat products and brands that retailers and customers know and trust," said Karl Schledwitz, Chairman and CEO of Monogram.

For more information call 901-259-6657. E-mail: carmen@monogramfoods.com Website: www.monogramfoods.com
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Title Annotation:Retail
Publication:Frozen Food Digest
Date:Oct 1, 2009
Words:180
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