AAK Acquires Golden Foods

PORT NEWARK, NJAAK announced the acquisition of Golden Foods/Golden Brands, a processor of specialty fats and oils, and manufacturer of shortenings for the bakery and foodservice industries.

This acquisition is an integral part of AAK Acceleration, which calls, beyond organic growth, for selective acquisitions that synergistically benefit our customers; it significantly strengthens our ability to supply existing and new customers with a broader portfolio of specialty oils and fats solutions. As one of the largest specialty oil markets in the world, expansion in the U.S. is also particularly exciting," says Arne Frank, president and CEO, AAK Group.
The product lines expand and complement our existing product portfolio and specialty strategy. The Louisville, KY, location also adds a new geographic dimension to our existing site in Port Newark, New Jersey, with significant advantages for all customers but particularly those located in the Midwest. From now on, AAKs North American customers will enjoy the highest quality product standards and superior service from two production sites in the U.S.," says Jean-Marc Rotsaert, President AAK USA.