New York and Mount Sterling, Illinois, October 2nd / PRNewswire / — Roland Foods, LLC (“Roland Foods”) and Dot Foods, Inc (“Dot Foods”) announced on Thursday that they have reached a strategic partnership to bring their businesses closer together and to make __BJWKEEP_00008® and __BJWKEEP_00009® products more widely available to customers in the food industry.
Roland Foods is a leading global supplier of high-quality ingredients, serving the food service, retail, and industrial food industries for over 90 years; Dot Foods is the largest LTL (Less Than Truckload) integrator in the North American food industry.
According to the agreement, Roland Foods will acquire Savor Brands and LLC (“Savor”) from Dot Foods, while Dot Foods will obtain equity in Roland Foods. The parties also signed a business agreement whereby Dot will distribute Roland ® and Savor ® products through its nationwide reselling network.
For customers, this collaboration means a richer selection of products and more ways to place orders and receive them. Savor adds new products and capabilities to Roland Foods, including a range of frozen products and a broader selection of global ingredients. Roland ® products are expected to be available on Dot Foods in early 2027. Roland ® and Savor ® products will also be supplied through Roland Foods's existing distribution network within a similar timeline.
Roland Foods CEO Keith Dougherty stated: " Savor and Roland Foods match very well, whether it's the products they provide or the team's approach to quality and service. More importantly, our new distribution relationship with Dot will make it easier for more customers to purchase from us. We have known and respected Dot for many years, and we look forward to the results we can create together."
The Chairman and CEO, Joe Tracy, stated: " Roland Foods has an understanding of import business and possesses a strong product portfolio, which is in line with our long-term commitment to providing customers with the highest level of service. The procurement expertise of Roland combined with our supply chain capabilities has brought powerful import solutions to our Roland and Savor customers. By becoming shareholders and distribution partners, we are able to continue to be involved in Savor in a meaningful way and help both businesses grow."
Vestar Capital Partners, Chief Executive Officer and Founder, said: "We have been collaborating with the Roland Foods team for over a decade, and this transaction is a natural next step in our business development. Savor has expanded the product supply of Roland Foods, while the commercial agreement with Dot has improved the way these products reach customers. We are delighted to welcome Dot as a shareholder and partner."
Before the transaction is completed, Roland Foods, Savor, and Dot Foods will continue to operate in their current manner. After the transaction is completed, the customer's existing orders, terms, contracts, and service arrangements will remain unchanged, and no immediate action is required. The company will provide more information regarding the commercial implementation in the coming months.
Neither party has disclosed the financial terms of this transaction.
About Roland Foods
Since 1934, Roland Foods has been a supplier of high-end, premium global ingredients. The brand offers over 2,400 carefully selected products, all sourced from around the world, and is a trusted resource for chefs and home cooks alike. As a mature brand in the fine food category, Roland Foods aims to stimulate culinary curiosity and creativity in the kitchen. For more information, please visit https :// rolandfoods.com.
About Dot Foods
Dot Foods, Inc. Operating 130,000 products from 1,500 manufacturers, it is the largest wholesale integrator in the North American food industry. Through its affiliated companies Dot Transportation, Inc, the company distributes catering services, convenience store, retail, and vending products to distributors in 50 states of the United States and over 55 countries. Dot Foods operates 13 distribution centers in the United States, located in Arizona Bullhead City, California Modesto, Delaware Bear, Georgia Vidalia, Idaho Burley, Illinois Mt, Illinois Sterling, Indiana Cambridge City, Maryland Williamsport, New York Liverpool, Oklahoma Ardmore, Tennessee Dyersburg, and Tennessee Manchester. Dot Foods's business in Canada is located in Ontario Ingersoll and Alberta Calgary. For more information, please visit DotFoods.com.
About Vestar Capital Partners
Vestar Capital Partners is a leading mid-sized private equity firm in the United States, specializing in management buyouts and growth capital investments. Vestar collaborates with current management teams and private owners to make investments, committed to creating long-term corporate value, with a focus on consumer, business and technology services, as well as healthcare sectors. Since its establishment in 1988, Vestar has invested over $12 billion in 94 companies, along with more than 200 additional acquisitions, with a cumulative total value of approximately $61 billion. For more information, please visit www.vestarcapital.com.
Media Contact
Roland Foods / Vestar Capital Partners
Christina Maldonado
LLYC
[ email protected ]
Dot Foods / Savor Imports
Emily Waterman
[ email protected ] | 636.449.3626
