Newly Weds Foods: Liquid Assets
Acquisition boosts Newly Weds Foods’ liquid, sauce capabilities
PHOTO COURTESY OF: Newly Weds Foods
Global food ingredients supplier Newly Weds Foods, LLC, Chicago, signed a definitive agreement to acquire the Dyersburg, Tenn., manufacturing facility of Develey Mustard and Condiments Corp.
Through the acquisition, Newly Weds plans to further enhance its liquid and sauce manufacturing capabilities and expand its packaging offerings to include portion-controlled cups, sachets, and bag-in-box pouches. Develey Mustard and Condiments Corp. will remain independent and will continue to service its existing retail, co-pack customers in the United States.
Brian Johnson, president and CEO of Newly Weds, said “[t]he addition of the Dyersburg manufacturing facility demonstrates our commitment to growing our share in the dynamic sauce category. Sauces have proven to be a perfect complement to our coatings, seasoning, and functional ingredient offerings, and they allow us to provide our customers with a total innovation solution for their products. We look forward to working with Develey to continue building upon the strong business they built.”
This investment will expand Newly Weds’ ability to supply sauces to the quick service restaurant and food ingredient segments. The Dyersburg operation joins 17 existing Newly Weds’ North America sites and brings the total number of Newly Weds’ global manufacturing facilities to 31. The Dyersburg operation will undergo a short period of transition and Newly Weds expects that it will commence manufacture of its product offerings in early, 2026.
Newly Weds Foods is owned by Redwood Holdings, LLC and is a leader in producing food coatings, seasonings, sauces, and functional ingredients for the food ingredient, processing and foodservice industries. In addition to 17 North American manufacturing facilities, Newly Weds has 13 plants throughout the UK, Canada, China, India, Poland, Australia, Thailand, the Philippines and New Zealand. All support customers in over 80 countries.
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