Baldor Specialty Foods to acquire Merex
September 19, 2008
by FoodBusinessNews.net Staff
NEW YORK — Baldor Specialty Foods is acquiring Merex Food Corp., a produce importer for the North American market.
Merex is known for its Bon Campo line, which offers exotic items such as sun-dried tomatoes, porcini mushrooms and radicchio with recipes on each package. After the acquisition is completed, these items will be incorporated into Baldor’s I.P.E.X. division, a worldwide, off-shore network of farmers, marketers and distributors.
"I am happy about this merger as Baldor will now be able to provide our customers with the Bon Campo line and expand on its offerings," said Kevin Murphy, chief executive officer of Baldor. "We continue to broaden our scope and product line while maintaining top-level service."