Seair Group, Inc. (OTC Bulletin Board: SEIR) today announced it has finalized the acquisition of 100% of the common stock of Our Food Products Group, Inc. (d.b.a. Jardine Foods) in exchange for 90% of its outstanding capital stock. Seair has changed its name to Gourmet Group, Inc. and will move its executive offices to Buda (suburb of Austin), Texas. The company’s common stock will continue to trade on Nasdaq’s Electronic Bulletin Board under the new symbol “GOUG”.
Gourmet Group is committed to take the $8 million Texas-based gourmet food product producer, Jardine Foods, to the next level of growth. According to Fred Schulman, Gourmet Group’s new CEO, “Gourmet Group acquired 100% of the 20 year-old leader in the gourmet and specialty food market (with a concentration on Tex-Mex products) because of its nationally recognized brands, deep product lines, excellent distribution network, growing market segment and appeal to palates around the world.”
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Jardine Foods (www.jardinefoods.com) expects to expand its line of Mickey Mantle(TM) products, its relationship with Mickey Mantle Restaurants and to expand its relationship with Fancy Food Gourmet Club (an award-winning internet-based gourmet food cataloguer and distributor — www.ffgc.com).
Jardine Foods is a leader in the gourmet and specialty food market, both as a manufacturer and private labeler of shelf-stable and gift products for major department and gourmet and specialty stores and under its own labels of D.L. Jardine’s, 7J Ranch, Buckaroo, Shotgun Willie’s, Sontaval, Simple Times, Mickey Mantle’s, and D.L. Jardino’s. Over 300 Jardine products are marketed and distributed through grocery stores, gourmet and gift retailers, mail order and the Internet as well as distributors throughout the United States and in a number of foreign countries. “Whether you are traveling through southern airports or shopping in your favorite gourmet store, chances are you’ll find (or soon will find) a Jardine product or gift box,” adds Mr. Schulman.
For more information, contact:
Josh Parker
Prestige Group
Ph: 616-349-3971
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By GlobalDataStatements contained in this press release, which are not historical facts, are forward-looking statements. Such forward-looking statements are necessary estimates reflecting the best judgement of the party making such statements based upon current information and involve a number of risks and uncertainties. Forward-looking statements contained in this press release or in other public statements of the parties should be considered in light of those factors. There can be no assurances that such factors or other factors will affect the accuracy of such forward-looking statements.
