Rich Products Corp., Buffalo, N.Y., acquired two food companies—Goglanian Bakeries Inc. and f’real foods LLC—and entered into a joint venture—Twin Star Bakery—with business partner The Stolbun Group.
“The acquisitions of Goglanian Bakeries and f’real foods and establishment of our Twin Star joint venture are consistent with our ongoing commitment to shape and re-shape our diverse portfolio to keep Rich’s focused on a path of long-term growth,” says Bill Gisel, president and CEO of Rich’s.