Fairmount Food Group

From Wikipedia, the free encyclopedia

Fairmount Food Group, LLC[1] is a company in food industry established in 2003 by Bing Graffunder (CEO) and Sam Hillin (CFO) with initial $200 mln. in equity financing from GTCR Golder Rauner. The purpose of the company is to acquire growth companies in the industry.[2] It is headquartere in Dallas, Texas, USA.

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 includes:[3]

  • DCI Cheese Company (acquired April 2005),
  • Green Bay Cheese Company (acq. February 2006),
  • G&G Foods (acq. June 2006),
  • Swissrose Interational (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]

[edit] References

  1. ^ FFG home page
  2. ^ "GTCR Provides $200 Million Equity Commitment to Start Fairmount Food Group, LLC", Business Wire, May 8, 2003
  3. ^ FFG portfolio
  4. ^ http://www.fairmountfood.com/news/news-swiss-rose.pdf
  5. ^ a b News - Advantage International Foods Corporation
  6. ^ DCI Cheese Company | Our Story
  7. ^ "Industry News", Gourmet Retailer Magazine, December 01, 2007