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Slide #42. Inventure Foods, Inc. — Fresh Frozen Foods, LLC
Inventure Foods, Inc. (SNAK)
Fresh Frozen Foods, LLC
Inventure Foods, Inc. (Nasdaq: SNAK) ("Inventure"), a leading specialty food marketer and manufacturer, today announced it has signed a letter of intent to purchase substantially all of the assets of Fresh Frozen Foods, LLC ("Fresh Frozen"), a branded frozen vegetable processor. Based in Jefferson, Georgia, Fresh Frozen is a full-service processor and supplier of more than 60 varieties of frozen vegetables and fruits to retail outlets throughout the Southeast United States and the Caribbean Islands. Fresh Frozen reported gross revenues of over $60 million during the most recent 12 month period.
Inventure Foods is a marketer and manufacturer of snack food brands. In Co.'s healthy/natural food category, products include Rader Farms® frozen berries, Boulder Canyon® Authentic Foods brand kettle cooked potato chips, Willamette Valley Fruit Company frozen fruit and vegetables, Fresh Frozen frozen fruit and vegetables, Jamba® branded blend-and-serve smoothie kits, Seattle's Best Coffee® Frozen Coffee Blends branded blend-and-serve frozen coffee beverage. In Co.'s indulgent specialty snack food category, products include T.G.I. Friday's® brand snacks. Co. also manufactures private label snack chip products for several grocery chains and natural stores and co-pack products.
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Hold (2.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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