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ANNOUNCEMENT

 Kim Peacock, President of GNS Foods, Inc. and Patricia Locktov, President of Pacific Gold Marketing, Inc. are pleased to announce the acquisition of the assets of Pacific Gold Marketing by GNS Foods.

GNS Foods has been processing freshly-roasted nuts, snack mixes and nut confections in its Arlington, Texas plant for two decades. A variety of products offered under the Pacific Gold label are processed by GNS.

Pacific Gold, out of Madera, California, has built its reputation on gourmet-quality nuts and candies offered in distinctive, innovative, upscale packaging. Both companies were established by their present owners in 1990.

“Patty and I both see this venture as a very positive business move,” says Kim. “Our companies already have an effective working relationship. This acquisition will certainly strengthen our position in the gourmet snack and gift foods market.”

Patty agrees. “Kim and I have both worked hard for 20 years to build our businesses. Acquisition is a logical strategy for GNS to pursue in order to continue to grow via line expansion. I’m very pleased that Pacific Gold is such a great fit.”

Patty will remain with the company, continuing her involvement in product selection, package design and customer relations. She and Kim plan to continue developing distinctive new packaging lines and offering the same standards of quality for which Pacific Gold has become known. The latest collections will be unveiled at this year’s NASFT Summer Fancy Food Show in New York.

The Pacific Gold operation will be moved to Texas for consolidation with the GNS plant in Arlington as of March 1, 2010.

For more information contact Kim Peacock at 817-795-4671 or kim@gnsfoods.com.

 

 

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