SAN FRANCISCO — Red Monkey Foods, a portfolio company of San Francisco Equity Partners, has acquired San Francisco Salt Co., a specialty salt provider. Financial terms of the transaction were not disclosed.
Founded in 2002 by Lee Williamson, San Francisco Salt Co. has emerged as one of the fastest growing branded salt companies in the United States. The company distributes its products through multiple channels to both the gourmet and personal care end markets.
San Francisco Salt Co.’s portfolio includes four brands: San Francisco Salt Co., Sherpa Pink, Epsoak and Minera.
|Scott Bolonda, c.e.o. of Red Monkey Foods|
“We look forward to bringing Red Monkey’s substantial distribution, innovation and manufacturing resources to this partnership and to rolling out premium store brand and branded salt programs with our retail partners,” said Scott Bolonda, chief executive officer of Red Monkey Foods.
Scott Potter, chairman of Red Monkey Foods and managing partner of San Francisco Equity Partners, added, “San Francisco Salt Co. is an ideal acquisition for Red Monkey Foods, and we are confident that the Red Monkey team will further accelerate the growth of the company’s products in both the food and personal care markets.”San Francisco Equity Partners in January acquired a majority stake in Red Monkey Foods. Based in Springfield, Mo., Red Monkey Foods makes organic spices, seasonings and other natural dry food products. The company manages private label programs for many of the nation’s largest retailers, including Target, Safeway and Cost Plus World Market. The company also sells spices and seasonings under the Good Flavors brand.