Synergy Buys Sethness Greenleaf
"This acquisition provides additional scale to Synergy in important Beverage, Dairy and Bakery markets," comments Roderick W. Sowders, president and CEO of Synergy Flavors. "Sethness Greenleaf has an excellent reputation in the marketplace which has been built over 120 years, and we are excited to have them as a part of Synergy. Additionally, we feel that Synergy's broader product offerings will bring additional value to Sethness Greenleaf's strong customer base."
"I have been very proud to have been affiliated with Sethness Greenleaf for over 40 years," comments Patrick Kearney, former owner and president. "When I decided it was time for me to pursue other interests, I wanted to find a buyer for this business that would continue to support the company's growth in the future, and allow it to remain in the Chicago area. I am confident I have found the best fit for the company and our employees in Synergy."
The acquisition of Sethness Greenleaf follows Synergy's acquisition of Sensus, which was completed on September 21 and announced separately.
From the October 12, 2011, Prepared Foods' Daily News.