1. Home >
  2. M&A >
  3. Merger >
  4. United States >
  5. Illinois >
  6. Kronos Foods Acquires Grecian Delight Foods

M&A Deal Summary

Kronos Foods Acquires Grecian Delight Foods

On April 7, 2020, Kronos Foods acquired food company Grecian Delight Foods

Acquisition Highlights
  • This is Kronos Foods’ 2nd transaction in the Food sector.
  • This is Kronos Foods’ 2nd transaction in the United States.
  • This is Kronos Foods’ 1st transaction in Illinois.

M&A Deal Summary
Date 2020-04-07
Target Grecian Delight Foods
Sector Food
Buyer(s) Kronos Foods
Deal Type Merger
Advisor(s) Vedder Price (Legal)

Target

Grecian Delight Foods

Elk Grove Village, Illinois, United States
Grecian Delight Foods is a manufacturer and marketer of Greek and Mediterranean inspired cuisine. The company’s products include authentic gyros and specialty meats, pitas and flatbreads, tzatziki, hummus and specialty dips/spreads, falafel, and plant-based proteins to foodservice and retail industries across the U.S. Grecian Delight Foods was founded in 1974 and is based in Elk Grove Village, Illinois.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Kronos Foods

Glendale Heights, Illinois, United States
Category Company
Founded 1975
Sector Food
DESCRIPTION

Kronos Foods is a manufacturer of gyros meat, pita bread, baklava, and other Mediterranean foods and a specialty foodservice distributor to local retail outlets as well as to restaurants, hospitals, businesses, schools, and universities. Kronos Foods was founded in 1975 and is based in Glendale Heights, Illinois.

DEAL STATS #
Overall 2 of 2
Sector: Food M&A 2 of 2
Type: Merger M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-12 Sinbad Foods

Madera, California, United States

Sinbad Foods is a producer of baklava in North America and also produces fillo dough, other fillo based pastries, frozen fillo appetizers, and entrees (spanakopita, tyropita) sold under the Sinbad brand as well as under private label to the retail grocery, club, and foodservice channels. Sinbad Foods is based in Madera, California.

Sell -
Mergr

Solution for

Product

Company

Legal