Seneca Foods Corp. announced its subsidiary, Gray & Co., has completed the acquisition of Diana Fruit Co. Inc., a California supplier of maraschino cherries and fruit cocktail cherries.
The purchase price was not disclosed.
Diana Fruit is the largest processor of cherries for fruit cocktail and the third-largest supplier of maraschino cherries in the United States, officials said. Diana’s products are sold through foodservice and industrial markets.
Kraig Kayser, president and CEO of the Marion, Wayne County-based Seneca Foods, said the acquisition complements the company’s recent acquisition of Gray & Co. in November.
Gray & Co., based in Michigan, is the world’s leading provider of maraschino cherries and one of the largest providers of glace or candied fruit products. Its products are sold via branded and private-label items to the retail, club stores, foodservice and industrial markets.
“Diana has a 90-year history of providing high-quality cherry products to their customers,” Kayser said in a statement. “We are pleased about this acquisition and the extension of product offerings it brings to our company.”
Diana Fruit, located in Santa Clara, Calif., was founded in 1921.
(c) 2016 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail email@example.com.