Mount Franklin Foods forms new company with Arro Corporation acquisition
18 Mar 2020 --- US manufacturer of confections, nut products, mints and culinary plant-based proteins, Mount Franklin Foods, has acquired Arro Corporation’s Food Processing and Ingredients divisions through its affiliate. The acquisition, for an undisclosed sum, is effective immediately. The new company will be named Element Food Solutions and will operate as an independent business unit under the Mount Franklin Foods parent organization.
“By adding the synergistic Element Food Solutions into the Mount Franklin portfolio, we will not only enhance our offerings but will be able to assist more customers in more categories and help them turn manufacturing challenges into successes,” says Eloy Vallina, Owner & Chairman of the Board at Mount Franklin Foods.
Mount Franklin Foods serves the retail and foodservice industries, manufacturing a variety of candy, mint and nut products including gummies, jellies, mints, fruit snacks, nut and snack mixes under brands such as Azar Nut, Sunrise Confections and Hospitality Mints.
In addition, Mount Franklin Foods has a large co-manufacturing and private label business supporting brands and retailers across the US.
Arro Food Processing operates in the co-manufacturing industry, specializing in product development and packaging solutions for the bake mix, powdered beverage, ingredient and cereal/trail mix/nut categories.
Arro Ingredients operates a bulk ingredient blending and transfer facility, which provides large format handling and storage solutions for a wide array of food and food ingredient companies.
“This acquisition and formation of Element Food Solutions supports our strategic growth strategy,” says Enrique Grajeda, President and CEO of Mount Franklin Foods.
“The enhanced capabilities this new business unit brings will allow us to further assist our customers in developing innovative items for growing categories such as protein powders and healthier-for-you baking ingredients,” he concludes.
Element Food Solutions will continue to operate out of the former ARRO locations in Hodgkins and Chicago, Illinois.
Edited by Benjamin Ferrer
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