Grey Mountain Partners (“Grey Mountain”) acquired Kronos Foods, Inc. (“Kronos”). Kronos is a Mediterranean food manufacturer and distributor, primarily serving the foodservice market.
Howard Eirinberg, CEO of Kronos, said, “We are delighted to partner with Grey Mountain in the next stage of our growth. Grey Mountain shares our excitement for the Mediterranean food space. We look forward to their support as we execute on an array of growth opportunities that are driven by innovative, market-leading new products such as KronoBroilTM premium gyros slices.”
Beth Lesniak, Affiliate Manager at Grey Mountain, said, “Kronos has differentiated itself as a leading Mediterranean food manufacturer in the U.S. with a focus on quality and innovation. We believe that Grey Mountain’s growth capital and operational support will allow Kronos to better serve both new and existing customers.”