![]() served as exclusive financial advisor to SouthAm. Culture and values matter to us, and SouthAm aligns perfectly with who we are as people, a family, and as a corporate entity.”Ĭassel Salpeter & Co. “Once all of the due diligence and pro forma is complete, it’s these kinds of intangibles that transform a project from a fine idea that makes good financial sense into something intrinsically great for everyone involved. “What is truly unique about this partnership, and something that is very important to us at Van Drunen Farms, is that both SouthAm and Van Drunen Farms are family owned companies,” remarked Jeff Van Drunen, Co-Owner of Van Drunen Farms, President of FutureCeuticals, and Vice Chairman of the Board of SouthAm. Ultimately, with our combined resources we have now broadened our direct supply chain to both hemispheres, making us both more efficient and effective.” It is truly a win for us, for our Van Drunen partners, and above all for our customers. With that initial goal achieved, we are now ready to partner with Van Drunen Farms to bring this message and these products to the world. “We started in 2004 with a mission to create a world-class business to showcase Chile’s unique capacity for premium quality manufacturing and food products. “We are thrilled to take this next step as a company,” added Boris Hirmas Said, founder and Chairman of the Board of SouthAm. The partnership allows both organizations to enhance their access to global supply, which benefits each of their respective customer bases. The investment in SouthAm provides Van Drunen Farms, including its dietary supplement powerhouse FutureCeuticals, a key competitive advantage for South and Central American fruits in the food, functional food, and supplement spaces, as well as continues SouthAm’s innovation, which is focused on the development of native herbal, fruit, and vegetable ingredients. “It is exciting to see our global platform expanded with a partner that shares our long term vision to be a global leader in freeze-dry ingredients and has a truly international reach.” “This partnership will better position both SouthAm and Van Drunen Farms, offering unique and substantial benefits for our customers,” remarked Kevin Van Drunen, Co-Owner and President of Van Drunen Farms, and Board Member of SouthAm. SouthAm combines a local focus with an international reach. The company enjoys strong competitive advantages that come from its ability to leverage direct, local access to the rich farming output of Chile and the South American supply chain. ![]() Its headquarters are just outside of Chile’s capital, Santiago. ![]() SouthAm is a trusted freeze-dried fruit supplier to many global CPG companies and is widely known as a leader in delivering the highest quality freeze-dried ingredients. Van Drunen Farms, with headquarters in Momence, IL, is a world leader in agriculture, food science, and dehydrating fruits, vegetables, and grains. 27, 2019 /CNW/ - The Van Drunen Family of Companies (“Van Drunen Farms”) and SouthAm Freeze Dry (“SouthAm”) today announced a new partnership whereby Van Drunen Farms will take a majority stake in SouthAm. Van Drunen Farms and SouthAm Freeze Dry Announce New Business Partnership Van Drunen Farms has plants in Illinois, Indiana, as well as Serbia and China. “Ultimately, with our combined resources we have now broadened our direct supply chain to both hemispheres, making us both more efficient and effective.” “With that initial goal achieved, we are now ready to partner with Van Drunen Farms to bring this message and these products to the world. SouthAm founder and board chairman Boris Hirmas said: “We started in 2004 with a mission to create a world-class business to showcase Chile’s unique capacity for premium quality manufacturing and food products. The deal is expected to allow both companies to expand their global supply network. This investment also supports SouthAm’s innovation, which focuses on the development of native herbal, fruit and vegetable ingredients. With the acquisition of this stake in SouthAm, Van Drunen Farms expects to have better access to the South and Central American fruits that could be included in food, functional food and supplements.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |