US-based Stir Foods, which makes soups, sauces, dressings, and salsas for retail, industrial and foodservice customers, has acquired fellow California business Van Law Food Products.
Financial details have not been disclosed.
Stir Foods is a portfolio company of private-equity fund Wind Point Partners.
Van Law is a contract manufacturer and private-label maker of custom sauces, dressings and beverage products for CPG, retail and foodservice customers. It operates a 300,000 sq-ft facility in Fullerton, California.
Stir said the deal creates a more diversified custom sauce and dressing company with broader packaging capabilities and more capacity.
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Milt Liu, CEO of Stir, said: “In this new phase, we are confident that together we will be able to accelerate growth and create value for all of our stakeholders.
“The combination of these two operations is highly complementary and will enable us to better serve our combined customer bases through enhanced R&D and new packaging formats. Additionally, the facility in Fullerton is well-invested with a good workforce and capacity to continue to grow. This is an excellent addition for Stir.”
John Gilbert, Van Law’s president, added: “The combination with Stir and financial backing of Wind Point will enable all of us to continue to grow with our customers through enhanced culinary expertise, new products/packaging and new geographies.”
Wind Point Partners acquired Stir in December 2017 in partnership with Milt Liu, a more than 20-year veteran of the food industry.
This deal represents the second add-on acquisition for Stir following the addition of Sabra’s salsa business unit in September 2018.