Fairmount Food Group
Fairmount Food Group, LLC[1] (FFG) is a food industrial company headquartered in Dallas, Texas. The company was established in 2003 by Bing Graffunder (CEO) and Sam Hillin (CFO). The company began with an initial $200 million in equity financing from GTCR Golder Rauner. The purpose of the company is to acquire growth companies in the industry.[2] As of 2007, the portfolio of companies (all of them being specialty and deli-style cheese companies) which continue to operate under their own identities include:[3]
- DCI Cheese Company (acquired April 2005),
- Green Bay Cheese Company (acq. February 2006),
- G&G Foods (acq. June 2006),
- Swissrose International (acq. August 2006[4])
- Advantage Foods (Advantage International Foods Corporation, acquired from ConAgra, Omaha, Nebraska in September 2007[5]).
Other acquisitions include Carter/Meister LLC[5] (a supplier for DCI Cheese[6]). These acquisitions have made Fairmount Food Group one of the largest importers and marketers of specialty and deli-style cheese in the United States.[7]
References
- ↑ FFG home page
- ↑ "GTCR Provides $200 Million Equity Commitment to Start Fairmount Food Group, LLC", Business Wire, May 8, 2003
- ↑ FFG portfolio
- ↑ http://www.fairmountfood.com/news/news-swiss-rose.pdf
- ↑ 5.0 5.1 News - Advantage International Foods Corporation
- ↑ DCI Cheese Company | Our Story
- ↑ "Industry News", Gourmet Retailer Magazine, December 01, 2007