Golden State Foods acquires the rest of KanPak
April 7, 2016
by MEAT+POULTRY Staff
IRVINE, Calif – Golden State Foods announced full ownership, control, and management of both KanPak US and KanPak China. Golden State has been a majority owner in KanPak China since 2012 and KanPak US since 2013. The units comprise eight facilities and more than 800 employees worldwide.
Dennis Cohlmia, KanPak founder and chairman of the board, opted to sell his remaining interests in the company to pursue other business opportunities.
“We appreciate Dennis and his family for their entrepreneurial spirit in establishing KanPak five decades ago, along with his knowledge and expertise of aseptic processing,” said Mark Wetterau, chairman and CEO of Golden State Foods. “We are grateful for his insight and willingness to partner with Golden State Foods in recent years to expand the company’s product offerings and services throughout the world and take the company to the next level.”
Larry McGill will continue to serve as president and CEO of KanPak US. KanPak produces an array of aseptic dairy products, including soft-serve ice cream, smoothies, coffee creamers and extended shelf-life products.