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SYLVAN FOODS HOLDINGS, INC., ANNOUNCES TENTATIVE ACQUISITION

 SYLVAN FOODS HOLDINGS, INC., ANNOUNCES TENTATIVE ACQUISITION
 WORTHINGTON, Pa., May 21 /PRNewswire/ -- Sylvan Foods Holdings, Inc. (NASDAQ: SYLN) today announced that it has signed a letter of intent to acquire substantially all of the assets of Hauser Champignonkulturen AG, a Swiss manufacturer and distributor of mushroom spawn and spawn-related products.
 Hauser, founded in 1942, has production facilities in Switzerland and the United Kingdom. Its products are marketed throughout Europe and revenue approximated $5.3 million in 1991. The purchase price and other terms were not disclosed.
 Sylvan Foods Holdings, Inc., is the leading worldwide producer and distributor of mushroom spawn and other spawn-related products and services, and the third largest U.S. grower and marketer of fresh mushrooms.
 -0- 5/21/92
 /CONTACT: William P. Mooney of Sylvan Foods Holdings, 412-297-3402/
 (SYLN) CO: Sylvan Foods Holdings, Inc. ST: Pennsylvania IN: FOD SU: TNM


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Publication:PR Newswire
Date:May 21, 1992
Words:152
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