SVB Foods Expands with Acquisition of Vita Specialty Foods

24 October 2023

SVB Foods is pleased to announce its acquisition of Vita Specialty Foods. SVB Foods is a trusted contract packaging food manufacturer specializing in savory condiments like salad dressings, marinades, and sauces. Vita Specialty Foods offers a portfolio of food products through licensing agreements, private labeling, and its own brands, including the nationally acclaimed Virginia Brand Vidalia Onion Vinaigrette.

This strategic acquisition marks a significant milestone for SVB Foods, reinforcing its commitment to enhancing its product portfolio and expanding its presence in the food industry. Terry Hess, CEO of SVB Foods, expressed his enthusiasm, stating, "We are truly excited about the acquisition of Vita Specialty Foods. This opportunity allows SVB Foods to respond more effectively to market trends and consumer preferences. Our mission is to provide quality products at a fair price and to do the right thing for our customers, our employees, and our communities."

Vita Specialty Foods includes its wholly owned subsidiaries of Virginia Honey Company and The Halifax Group (Oak Hill Farms). The acquisition will facilitate a seamless integration that ensures the continuity for existing product lines. Virginia Brand will continue as a trusted brand of honey and salad dressings, offering consumers the same great taste they have come to love. Oak Hill Farms will continue to offer a versatile line of dressings, dips, and marinades, providing consumers with a wide range of flavor options for their meals. Additionally, the acquisition enables SVB Foods to expand its private labeling and licensing programs.

SVB Foods has been a trusted partner, providing contract packaging services to Vita Specialty Foods since 2012. With its headquarters located in Martinsburg, West Virginia, SVB Foods boasts a 70,000 square-foot food manufacturing facility featuring multiple production lines and various capabilities for packing sauces in rigid or flexible packaging. The acquisition of Vita Specialty Foods solidifies SVB Foods' commitment to quality products, innovation, and customer satisfaction.

 

Source: businesswire.com