March 1, 2014
Schreiber Foods International, Inc. (SFI) is pleased to announce that effective March 1, 2014, it has acquired substantially all of the assets and personnel of Golden Sea Five Star, Inc. (Golden Sea), of Downey, CA, including notable brands such as Five Star and Peony.
“The Golden Sea family of brands and its loyal employees are known for quality and an unwavering commitment to meeting the continual needs of its customers”, says Howard Schreiber, President of SFI. “Combining our two companies not only bolsters our industry leading customer service model, but also provides our combined customer base with many new product choices and broader distribution in the West Coast”, adds Mr. Schreiber.
As part of the transaction, SFI will consolidate its West Coast inventory with that of Golden Sea’s into a new Company managed facility located in Southern California. Further terms and details of the transaction were not disclosed.
Schreiber Foods International, Inc. (SFI), based in Upper Saddle River, NJ, has been importing and distributing a broad spectrum of specialty foods under the Ambrosia brand for over 30 years. The Company services a vast array of customers in the Foodservice trade including national restaurant chains, Foodservice distributors and food manufacturers. Distribution points include a Company-managed facility in Piscataway, NJ and 3rd party facilities in Miami and Los Angeles. Further information can be found at www.ambrosia-foods.com.
Golden Sea Five Star, Inc. (Golden Sea) has been importing canned commodity fruits, vegetables and a variety of Asian specialties for sale to the Foodservice trade since 1993. The Company serviced its clients from its main facility located in Downey, CA and several other public facilities including San Leandro, CA, Denver, CO, and Chicago, IL.