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.

Kronos Foods, Glendale Heights, Ill., and Meyer Family Farms, Quincy, Ill., signed a licensing agreement for Kronos to market, sell and distribute frozen pomegranate arils.

McDonald’s chief operating officer Tim Fenton announced his retirement, effective Oct. 1.

Kronos Foods, Inc., Glendale Heights, Ill., introduced an Italian Beef product line for restaurateurs nationwide.