RAB Food Group has acquired the privately held Rokeach Food Corporation for an undisclosed sum.
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The Rokeach brands include, among others, Rokeach, Mothers’, Mrs Adler’s and Mishpacha. Rokeach is also the exclusive importer and distributor of Elite Confectionary products. Terms of the transaction were not disclosed.
Richard A Bernstein, chairman and CEO of RAB Holdings, RAB Food Group’s parent said: “The acquisition compliments our company’s other food brands and is an exciting growth opportunity. Together with our existing brands we will be a far stronger factor in the ethnic food business, a better resource to our retailers and a complete source of superior ethnic products to our consumers.”
RAB Food Group’s president and CEO Jeremy J. Fingerman said the “acquisition of Rokeach fits perfectly with our strategic intent to be America’s Preferred Specialty Foods Company. It will permit us to broaden our portfolio of category leading brands, which are preferred by consumers and retailers alike. Our products will now be found not only in mainstream supermarkets but also independent kosher food stores. We are extremely excited about this opportunity to increase our product portfolio and grow our brands and categories.”
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