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Article: Kraft Foods Acquires Veryfine Products.
- Article from:
- Business Wire
- Article date:
- March 29, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
NORTHFIELD, Ill.--(BUSINESS WIRE)--March 29, 2004
Kraft Foods Inc. (NYSE:KFT), a global leader in branded foods and beverages, today announced that it has closed on its purchase of Veryfine Products Inc., a privately held beverage manufacturer. Terms of the sale were not disclosed.
Veryfine Products, based in Littleton, MA, was established in 1865 and has been owned by the Rowse family since 1900. In 2003, it posted net sales of more than $150 million, led by Fruit2O, the number-one-selling flavored water in the United States.
As part of the sale, Kraft will acquire Veryfine's 350,000-square-foot manufacturing facility ...
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... ... YORK, May 28 /PRNewswire/ -- Veryfine Products, Inc. today introduced Diet Veryfine ... said Sam Rowse, president of Veryfine Products, Inc. "Just as we were completing ... Massachusetts and founded in 1865, Veryfine Products, Inc. is a privately held, family ...
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