Latest news with #QuirchFoods
Associated Press
04-04-2025
- Business
- Associated Press
Quirch Foods Expands Cold Storage Capacity with Additional Space in Opa-Locka, FL
Quirch Foods, LLC, a portfolio company of affiliates of Palladium Equity Partners, LLC ('Palladium') today announced its expansion to its distribution network with the addition of a 146,000-square-foot dry, chilled, and frozen warehouse located at 12345 N.W. 38th Avenue, Opa-Locka, FL 33054. With this addition, Quirch now operates 23 distribution centers throughout North America and the Caribbean. Founded in 1967, Quirch Foods is a leading food distribution company serving major and independent retailers, foodservice providers, cruise lines, and the hospitality industry throughout the United States, the Caribbean, and Central and South America, with expansion plans for Europe and the Middle East. Quirch owns and distributes a portfolio of proprietary brands including Panamei Seafood ®, High River Angus ®, Kikiriquirch ® poultry, and Mambo Foods ® brands and is a licensed distributor of Certified Angus Beef ®. Additionally, Quirch Foods is the exclusive distributor of Chiquita ® Brands frozen tropical fruits. 'This acquisition reinforces our commitment to supporting independent grocers and foodservice providers while expanding our ability to deliver high-quality products and tech-enabled solutions,' said Frank Grande, President and CEO of Quirch Foods. 'Increasing our cold storage capacity strengthens our supply chain and enhances service capabilities, while ensuring we remain at the forefront of the industry.' The newly acquired facility will optimize Quirch Foods' logistics operations, enabling the company to meet growing customer demand with greater efficiency and flexibility. Daniel Ilundain, President of Palladium said, 'Congratulations to Quirch Foods' CEO Frank Grande and my Palladium partner Chris Allen. This expansion into Opa-Locka marks Quirch Food's sixth acquisition since our investment in 2018, increasing refrigerated space more than 2x and frozen space more than 3x. We are proud to have helped Quirch Foods increase its distribution to service more than 40 states in the U.S.' About Quirch Foods Founded in 1967, Quirch Foods is a food distribution company serving large and independent retailers, foodservice providers, and cruise line businesses across the United States, the Caribbean, and Central and South America. With one of the most comprehensive brand portfolios for a distributor of its type and size, Quirch operates 23 distribution facilities throughout the United States and Puerto Rico, representing a combined 2.4 million square feet of refrigerated warehouse space and a fleet of more than 400 trucks. Quirch Foods ® is the exclusive distributor of Chiquita ® Brands frozen tropical fruits, Panamei Seafood ®, High River Angus ®, Kikiriquirch ® poultry, Mambo Foods®, and a licensed distributor of Certified Angus Beef ®. For more information, visit follow us on Facebook, Instagram, and LinkedIn, or call (800) 458-5252. About Palladium Equity Partners, LLC Palladium is a private equity firm with over $3 billion of assets under management. The firm invests in the middle market, focusing on companies in the U.S. Hispanic market, founder and family-owned businesses, and those with accretive M&A opportunities. The partners of the firm have significant experience in the consumer, services, industrials, and healthcare sectors. Since its founding in 1997, Palladium has invested in more than 230 businesses, including 41 platforms and over 190 add-ons. For more information, visit Jorge Roza, Director of Marketing [email protected] (305) 691-3535For Palladium Equity Partners: Jeffrey Taufield / Todd Fogarty [email protected] @ 212-521-4800 SOURCE: Quirch Foods, LLC Copyright Business Wire 2025. PUB: 04/04/2025 07:00 AM/DISC: 04/04/2025 06:59 AM
Yahoo
25-03-2025
- Business
- Yahoo
Quirch Foods® Expands its Footprint into Southern California
CORAL GABLES, Fla., March 25, 2025--(BUSINESS WIRE)--Quirch Foods, LLC, a portfolio company of Palladium Equity Partners, today announced the completion of a transaction under which it will begin operation of a more than 100,000 square foot food distribution facility in Los Angeles, California, expanding its national footprint to Southern California. Founded in 1967, Quirch Foods is a food distribution company serving large and independent retailers, foodservice providers, and cruise line businesses across the United States, the Caribbean, and Central and South America. Quirch Foods® is the exclusive distributor of Chiquita® Brands frozen tropical fruits, Panamei Seafood®, High River Angus®, Kikiriquirch® poultry, Mambo Foods®, and a licensed distributor of Certified Angus Beef®. Frank Grande, President and CEO of Quirch Foods, said, "This transaction is an exciting development for Quirch Foods as we expand our distribution network into a large, attractive market with a diverse consumer base, including a large Hispanic demographic. With a broader distribution network and an extensive selection of high-quality products, Quirch is more prepared today than ever to meet the evolving demands of our customers. By extending the Quirch platform westward to Southern California, we are now positioned to drive greater value and build upon the strong foundation we have long established." The Company is dedicated to leveraging this expansion to build on its continued success and create new opportunities for excellence. "Together, we will enhance our service to customers and partners while fostering a culture of innovation and sustained growth," said Jonathan Leavy, Operations Manager of Quirch Foods, Southern California. Over the years, the Company has been steadily growing its national presence through a series of strategic transactions to solidify its position as an industry leader. Quirch's previous transactions include acquisitions of Colorado Boxed Beef, Butts Foods, Scariano Wholesale Foods Distribution, and Pacific Foods Distribution. Chris Allen, partner at Palladium, added, "The latest strategic expansion allows Quirch Foods to effectively serve a diverse consumer base in a large and growing market. By expanding their reach, we believe that Quirch Foods is well-equipped to meet the changing demands of their customers." Daniel Ilundain, President of Palladium commented, "This represents Quirch's fifth transaction since Palladium's investment in the Company in 2018, over which time Quirch has grown from a regional to a national food distribution company. With this transaction, Palladium's portfolio companies have acquired over 190 add-ons over its history." About Quirch Foods Founded in 1967, Quirch Foods is a food distribution company serving large and independent retailers, foodservice providers, and cruise line businesses across the United States, the Caribbean, and Central and South America. With one of the most comprehensive brand portfolios for a distributor of its type and size, Quirch operates 22 distribution facilities throughout the United States and Puerto Rico, representing a combined 2.3 million square feet of refrigerated warehouse space and a fleet of more than 400 trucks. Quirch Foods® is the exclusive distributor of Chiquita® Brands frozen tropical fruits, Panamei Seafood®, High River Angus®, Kikiriquirch® poultry, Mambo Foods®, and a licensed distributor of Certified Angus Beef®. For more information, visit follow us on Facebook, Instagram, and LinkedIn, or call (800) 458-5252. About Palladium Equity Partners, LLC Palladium is a private equity firm with over $3 billion of assets under management. The firm invests in the middle market, focusing on companies in the U.S. Hispanic market, founder and family-owned businesses, and those with accretive M&A opportunities. The partners of the firm have significant experience in the consumer, services, industrials, and healthcare sectors. Since its founding in 1997, Palladium has invested in more than 230 businesses, including 41 platforms and over 190 add-ons. For more information, visit View source version on Contacts For Quirch Foods:Jorge Roza, Director of (305) 691-3535 For Palladium Equity Partners:Jeffrey Taufield / Todd or 212-521-4800
