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
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.
information contact Kim Peacock at 817-795-4671 or [email protected]