NORPAC Foods, Inc., Salem, Ore., announced plans to sell its soup business to Kettle Cuisine, LLC, Lynn, Mass.
NORPAC Foods has built its soup business over the past 35 years, serving the foodservice, retail and international channels.
The acquisition of NORPAC’s soup business was announced in conjunction with Kettle Cuisine, Bonewerks Culinarte, Green Bay, Wis., and Savory Creations, La Crosse, Wis., being consolidated into one entity within Kainos Capital Fund II, Dallas, Texas.
“As we tighten our focus on our core frozen vegetable and fruit business, we are pleased to be able to transition our soup business to a strong operator with a shared focus on customer service and providing the highest-quality products to the market,” says Shawn Campbell, chief executive officer of NORPAC Foods. “We appreciate the commitment and guidance provided by D.A. Davidson throughout the process, and look forward to their continued involvement as we assess the strategic alternatives for our business going forward.”