Olympic Foods assets to be sold

Wilson, Rocky
February 2007
Journal of Business (10756124);2/22/2007, Vol. 22 Issue 5, pA1
Trade Publication
The article reports on the intention of Olympic Foods Inc. to sell its assets to Johanna Foods Inc., a privately owned manufacturer of chilled juices and beverages. Terms of the tentative agreement were not disclosed. According to Gene Peters, general manager of Olympic Foods, the goal of both companies is to complete the asset sale by March 31, 2007. Olympic Foods packages and distributes fruit juices under its own brand names.


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