Tanimura & Antle, Ready Pac complete merger - The Packer

Tanimura & Antle, Ready Pac complete merger

08/05/2004 12:00:00 AM
Todd Foltz

SPREAD-OUT FACILITIES

Under the merger, Ready Pac now owns four Tanimura & Antle processing facilities in:

  • Salinas.
  • Montreal.
  • Jackson, Ga.
  • Plymouth, Ind.

Ready Pac is using two additional facilities with which Tanimura & Antle had contracted.

The additional facilities give Ready Pac the opportunity to build upon its distribution base across North America.

Even in regions where a former Tanimura & Antle facility is near a Ready Pac operation, such as in Montreal, the two plants are complementary and don’t duplicate the other’s efforts, Antle said.

“The plant in Montreal for Ready Pac is a spring mix washing plant, and product is sent to other plants for processing. So having two plants there is actually complementary,” Antle said.

He said Tanimura & Antle already has begun handling some of Ready Pac’s fresh-cut load from its Los Angeles facility in Tanimura & Antle’s Salinas plant.

Financial details of the deal were not disclosed. But in the merger of Salad Time with Ready Pac, the Tanimura & Antle families became stockholders in Ready Pac.

OFFICERS

Rick Antle joined Ready Pac’s board of directors. The senior officers of Ready Pac are:

  • Dennis Gertmenian, chairman.
  • Larry Kern, president and chief executive officer.
  • Craig Delaney, executive vice president and chief financial officer.


Prev 1 2 Next All


Comments (0) Leave a comment 

Name
e-Mail (required)
Location

Comment:

characters left

Feedback Form
Leads to Insight