Kronos Foods acquired by Grey Mountain Partners
Private-equity firm purchases producer of Mediterranean-style foods.
October 4, 2016
by Canadian Packaging staff
BOULDER, CO—Grey Mountain Partners, a Boulder, Colorado-based private-equity firm, has acquired Kronos Foods, Inc., a Glendale Heights, Ill-based manufacturer and distributor of gyro meat, pita, flatbread, filo products, hummus and sauces to food service customers in the U.S. and Canada.
Financial terms were not disclosed.
Kronos Foods was the company to first develop and market a pre-formed gyro cone in 1975, now becoming a more diversified food processor of Mediterranean cuisine.
More information on Kronos at www.kronosfoodscorp.com.