International Food Solutions (IFS) has acquired Food With Care, a Florida-based provider of home-delivered meals for older consumers.
Financial details were undisclosed.
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In a statement, IFS said the deal enables it to “expand its capabilities into the healthcare and senior nutrition markets” and “support the growing demand for meal delivery services” for the elderly.
Established by John Glancey in 1998, Food With Care has been operating in Florida for nearly three decades, providing “dietitian-backed”, home-delivered meals to older consumers.
Food With Care’s leadership and staff will remain in place and work closely with IFS to ensure “a smooth transition and continued service excellence across the state of Florida”, the statement said.
Commenting on the acquisition, Food with Care operating partner and president Jonathan Dickl said: “Food with Care was looking for a partner that reflected its core values of servant leadership and making a difference in the lives of team members and clients.”
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By GlobalDataAs part of the deal, both parties said they planned to “strategically expand nationwide”, citing a “shared commitment to (providing) high-quality, culturally responsive meals” that meet the “evolving needs” of diverse populations.
IFS co-president Lincoln Yee described the acquisition as an “exciting new chapter” as the company plans to “expand into healthcare and senior services”.
“It allows us to extend our culturally inclusive, convenient meal solutions to meet the evolving needs of individuals at every life stage – with the same quality, convenience, and care that define our brand,” he added.
Founded in 2008 by Allan Lam and Lincoln Yee, IFS produces “high-quality, pre-made ethnic meals” across a variety of cuisines, including Asian, Indian, Latin, and Mediterranean.
Its products are distributed to institutional customers such as primary and secondary schools, long-term care facilities, hospitals, and US military bases.
IFS manages a portfolio of brands including Asian Food Solutions, Green Dragon, Aahar, Comida Vida, SNAP Gourmet, and Miss Olive’s Meals.
Headquartered across Florida and Cleveland, the business said it had “a growing national footprint”, and had recently made a $65m investment in a 120,000-square-foot production facility in Cleveland.
