February 18/Bolingbrook, Ill./Business Wire -- Quantum Foods LLC announced it is in the final stages of negotiating a sale of substantially all its business to CTI Foods Holding Co. LLC.

After evaluating multiple opportunities in the process, a leader emerged with a clear strategy to move Quantum Foods past its financial challenges and onto a path for future success. CTI Foods, with seven existing manufacturing facilities in the U.S., would provide a strong infrastructure for Quantum going forward.