CTI Foods acquires former AFA Foods ground beef processing facility in King of Prussia, Pennsylvania; transaction expected to close during week of July 15
July 13, 2012
– CTI Foods Holding Co., LLC ("CTI" or the "Company"), a leading provider of food products to national chain restaurants, today announced that it was the successful bidder for the former AFA Foods, Inc. King of Prussia, PA ground beef processing facility. The transaction received court approval today and is expected to close next week.
Bobby Horowitz, CEO of CTI Foods, said, "As we continue to grow our company on a national basis it was important to establish a manufacturing presence on the East Coast. AFA's King of Prussia is an outstanding facility that will allow us to strengthen our already close relationships with customers and suppliers to provide a variety of high quality food products."
About CTI Foods
Headquartered in Wilder, ID, CTI Foods is a culinary-driven company that offers a diverse range of custom food solutions to the foodservice industry including raw and pre-cooked protein, soups and sauces and dehydrated beans. CTI Foods has five state-of-the-art food processing facilities, each doing business with multi-unit National Account Restaurant Chains, and has 1,000 employees at its Idaho, California and Texas locations. For more information visit www.ctifoods.com, or call (800) 421-7844.