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January 17, 2020

US foodservice supplier Van Lang snapped up by local PE firm

Van Lang Enterprises, a US supplier of appetisers and hors d'oeuvres for the foodservice channel, has been bought by a New York-based investment house.

By Leonie Barrie

Van Lang Enterprises, a US supplier of appetisers and hors d’oeuvres for the foodservice channel, has been bought by New York-based investment house AUA Private Equity.

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The deal, for an undisclosed sum, was done through Gourmet Culinary Partners (GCP), AUA’s holding company established to acquire interests in, and partner with, food manufacturers.

Chicago region-based Van Lang has a strong presence in the Midwest, serving hotels, private clubs, speciality distributors, banquet houses, and caterers. 

Its product range also includes breakfast foods, side dishes, soups, sauces, and entrees.

Andy Unanue, managing partner of AUA Private Equity, said the deal creates “a national, end-to-end foodservice platform focused on the hospitality, restaurant, airline, catering, educational, and retail sectors”.

He added: “The acquisition of Van-Lang provides national scale for GCP.”

Van-Lang operates out of a 20,000 sq ft production facility in the Chicago area with “ample capacity to support future growth”.

AUA Private Equity makes equity investments of US$20m to $75m in companies that generate in excess of $5m in EBITDA.

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How are consumer tech and delivery trends impacting the Foodservice sector?

Consumers are now accessing foodservice propositions via mobile and online technology at significant levels. This shift comes as a result of permanent lifestyles changes, accelerated by the COVID-19 pandemic. Such changes hold important implications for foodservice operators and brands. GlobalData’s free report on Consumer Tech and Delivery Trends in Foodservice decodes this new landscape and provides actionable insights for operations, delivery, and marketing – offering customer engagement solutions in the foodservice value chain. Download this free report for:
  • Data and insights into current consumer behavior
  • Market outlook for online delivery in foodservice
  • Case studies of brands who are already successfully leveraging these new tech and delivery trends
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by GlobalData
Enter your details here to receive your free Report.

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