Hospitality Mints Acquired by Food Manufacturer
Hospitality Mints, Boone, N.C., announced that it has been acquired by Mount Franklin Foods LLC, the El Paso, Texas-based parent company of Sunrise Confections, Azar Nut Company and Mount Franklin Nutritionals.
The acquisition is effective immediately, and Hospitality Mints' production will stay in its North Carolina location.
"As part of our continued effort to strategically grow and diversify our business, the acquisition of Hospitality Mints will enable us to expand our overall sales and product offerings in both the retail and food service markets," Gary Ricco, president and CEO of Mount Franklin Foods, said in a press release. "We look forward to bringing the synergies of our two heritage organizations together to deliver a full portfolio of items, including mints, to our customers."
Hospitality Mints has been in business for more than 40 years, and specializes in soft and hard mints and candies, such as peppermints, jellies, ice crystals and more.
"We are excited to become part of the Mount Franklin Foods family," Pat Viancourt, president of Hospitality Mints, said. "Our two organizations share a long history with a long-term quality reputation in the retail and food service industries, and our combined strengths will deliver even greater efficiencies, innovation and value for our customers and employees."
The acquisition fee was not disclosed.