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Nutrition Capital Network news: PANOS Acquires Gluten-Free Company Ry-Con

Nutrition Capital Network news: PANOS Acquires Gluten-Free Company Ry-Con

PANOS Brands LLC (Saddle Brook, N.J.), a portfolio company of High Road Capital Partners, has acquired Ry-Con Specialty Foods Inc. (Mechanicsburg, Pa.), a producer of hormone-free cheeses and other products without antibiotics, preservatives or animal by-products under the Andrew & Everett brand. PANOS was acquired by High Road in December 2010 and makes natural and specialty food and beverage brands, including KA-ME Asian food, MI-DEL natural and gluten-free cookies, Sesmark rice and wheat crackers, and Amore cooking pastes. “Our acquisition further broadens PANOS’ product line in the natural and gluten-free categories,” said Steven Grossman, CEO of PANOS. The transaction represents the first add-on acquisition for PANOS under High Road’s ownership.

Disclaimer: NCN does not warrant the accuracy, reliability, or timeliness of any NCN news item. Before relying on any NCN News item the information should be independently verified.

For more finance and investment information, visit Nutrition Capital Network news

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