Hearthside Foods Completes Greencore US Acquisition
The move adds 13 locations to company’s manufacturing network
Hearthside Food Solutions, a contract manufacturer, announced the completion of the acquisition of Greencore US, the US unit of Greencore Group plc, an Ireland-based public company. Greencore US operations include 13 locations, with 3,000 employees, and 2017 revenues of over $1.4 billion.
Hearthside is already a leader in nutritional bars, snack bars, cookies, crackers, and other snack foods. This acquisition adds frozen breakfast foods, refrigerated snack kits, salad kits, and fresh-made sandwiches and entrees to their capabilities.
This transaction marks a significant step in the further growth and development of Hearthside as a leading contract manufacturer, expanding the Hearthside production network to 38 locations, 10,000 employees and $3 billion in revenue.
“We continue to position Hearthside as a full-service contract manufacturing provider in key, high-growth categories, enabling our customers to maximize their go-to-market strategies, leverage innovation, increase speed-to-market and optimize efficiencies,” said Rich Scalise, Hearthside Chairman and CEO.