Monterey Gourmet increases ownership of Sonoma Foods
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 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.
Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!
