USA: Panos acquires Tessemae’s salad dressing brand
Panos, a producer of branded consumer foods, has announced the acquisition of Tessemae’s, a specialist in refrigerated and shelf-stable organic salad dressings, for $4.5 million. The acquisition follows Tessemae’s decision to file for voluntary Chapter 11 bankruptcy protection to restructure its debts. Founded in 2009, Tessemae’s grew rapidly to secure distribution in national grocers, retailers […]