Gorton's Seeks Frozen Food Manufacturer

Gorton's has retained Focus Acquisition Partners as their exclusive M&A advisor to identify and advise on an acquisition of a frozen food manufacturing company.

A desire to diversify product offerings and increase manufacturing capacity has led to the strategic decision to acquire a frozen food manufacturer. Companies with the following characteristics are of interest:

Location:

• Strong preference for the "middle of the country"

• Proximity to metro labor markets

Manufacturing Capabilities:

• 75,000 to 130,000 sq. ft. facility

• Value add manufacturer of frozen seafood, other protein products and or vegetables

• Excess manufacturing capacity and floor space for expansion

• Spiral freezer

• Freezer storage: up to 6,000 pallets on site preferable or within a 30-minute drive

• Allergen management control ability

• Available land for facility expansion

Markets:

• Private label, co-packing, food service or branded food products

• Appetizers, “bites,” hand held products, sides or meals

• Retail, club, big box, food service and restaurant

Ownership:

• Privately held

• Private equity backed

• Corporate carve outs

Founded in 1849, Gorton’s is a leading provider of frozen seafood products to the grocery and foodservice channels throughout North America. Gorton’s is recognized as long standing premium brand with a successful history of innovation and growth. The company operates as a subsidiary of a publicly traded Japanese holding company that harvests, manufactures, and globally distributes seafood products for consumer and commercial markets. The company is well positioned to pursue acquisition opportunities.

For more information contact Chris Nesbitt (603-277-9482) or David Parsons (603-277-9481).