Monterey Gourmet, Salinas, Calif., announced that it now retains 100 percent ownership of Sonoma Foods.
Monterey says it purchased the additional 20 percent interest in Sonoma Foods for $50,000 and plans to consolidate operations and execute a brand package conversion. The company expects consolidation and packaging adjustments to yield benefits of up to $700,000 annually.
Monterey Gourmet increases ownership of Sonoma Foods
April 30, 2008