GREENWOOD VILLAGE, COLO. — Flagship Food Group has acquired certain assets of Glutenfreeda Foods, Inc., including its brand portfolio and manufacturing facility near Seattle. Terms of the transaction were not disclosed.
Founded in 2006, Glutenfreeda manufactures gluten-free products, including granola, oatmeal, burritos, sandwich wraps, tortillas and flatbreads. Glutenfreeda products are available at Whole Foods Market, Sprouts, Publix, Loblaws, Wegmans, Kroger and other retailers.
"It’s been an amazing journey building and running this company,” said Yvonne Gifford, founder and chief executive officer of Glutenfreeda. “We have great products and great customers. What we needed was a great business partner. Flagship is the perfect fit for our business, our team and our production facility.”
As part of the acquisition, Flagship will take over operations in Glutenfreeda’s 25,000-square-foot manufacturing facility in Burlington, Wash.
“As our business has grown across the country, we need more production space,” said Patrick Moulder, chief financial officer and head of M.&A. for Flagship Food. “We hope that we can expand upon the operations in Burlington over time.”
Additionally, key members of Glutenfreeda’s management team will join Flagship, including Ms. Gifford; Jessica Hale, co-founder and chief marketing officer; and Greg Gifford, chief operating officer.
|Rob Holland, c.e.o. of Flagship Food|