Ventura Foods, a California-based manufacturer, has announced the acquisition of DYMA Brands, a fellow US foodservice supplier, for an undisclosed sum. This strategic move will enhance Ventura’s product offerings and production capabilities, providing greater choices for its customers in the food and beverage industry.
DYMA Brands, based in Atlanta, Georgia, offers a range of products including bulk condiments, seasonings, and dry blend mixes under brands like Chef’s Companion and Sweet Crystals. With over 500 employees and manufacturing facilities in multiple locations across the US, DYMA will continue to operate as a wholly-owned subsidiary of Ventura Foods.
Chris Furman, the president and CEO of Ventura Foods, expressed excitement about the acquisition, stating, “DYMA Brands is an ideal fit for Ventura Foods, allowing us to expand our production and distribution capabilities while offering an extended product portfolio to our customers.”
Ventura Foods, a joint venture between CHS Inc. and Mitsui & Co, boasts brands like SunGlow, Mel-Fry, and Sauce Craft, serving customers in over 70 countries. The company manufactures its products across various locations including the US, Canada, Mexico, and the Philippines.
Bill Goetz, president & CEO of DYMA Brands, highlighted the shared corporate culture philosophy between the two companies, stating, “Ventura Foods’ alignment with our values played a significant role in the success of this transaction.”
This acquisition signifies a significant development in the food and drink business landscape, reflecting the ongoing trends in the food and beverage industry. As Ventura Foods continues to grow its presence and offerings, this strategic move positions the company for further success in meeting the evolving needs of consumers in the market.