Good Source Solutions Acquires Dori Foods
Good Source Solutions, a Carlsbad, Calif.-based foodservice distributor, acquired Dori Foods, a member of Frosty Acres Brands (F.A.B.) based in Richmond, Va. The combined companies create a strong national distribution platform, offering greater value and product selection for existing and new customers. Good Source Solutions is a portfolio company of Evergreen Pacific Partners.
This acquisition gives Good Source additional scale in the education sector and a stronger East Coast distribution network. Meanwhile, Dori Foods now has access to a wider selection of products, such as Tools for Schools branded items, which are designed to meet or exceed child nutrition program requirements. Together, Good Source and Dori Foods will immediately begin expanding product assortment and optimize logistics to better serve customers.
“We are excited to add Dori Foods to the Good Source family,” says Rich Friedlen, president and CEO of Good Source. “They have a long-standing history as a specialty distributor, and we are pleased to have an expanded East Coast presence in the specialty foodservice distribution arena to better serve many of our existing customers."
"Joining these two great companies will help our customers receive better products and service and create additional opportunities for our employees, suppliers and customers,” adds Frank Baum, who will maintain his position as president of Dori Foods. “Good Source is the industry leader serving value-focused institutional markets, and we are eager to grow with them in the future."