Grey Mountain Partners, Boulder, Colo., acquired Kronos Foods, Inc., a Mediterranean food manufacturer and distributor, primarily serving the foodservice market, based in Glendale Heights, Ill.
“We are delighted to partner with Grey Mountain in the next stage of our growth,” says Howard Eirinberg, chief executive officer of Kronos. “Grey Mountain shares our excitement for the Mediterranean food space. We look forward to their support as we execute on an array of growth opportunities that are driven by innovative, market-leading new products such as KronoBroil premium gyros slices.”
“Kronos has differentiated itself as a leading Mediterranean food manufacturer in the U.S. with a focus on quality and innovation,” adds Beth Lesniak, affiliate manager at Grey Mountain. “We believe that Grey Mountain’s growth capital and operational support will allow the company to better serve both new and existing customers.”