First the Murray's/Kroger deal, and now this: American Home Food Products, a publicly-traded company with a market cap of today of $2 million, has acquired Artisanal Cheese, LLC in a deal meant to help make Artisanal "the leading national brand for best-in-class cheeses." Clearly there is a trend afoot here, with the greater food industry waking up to the fact that the artisanal cheese market is growing at leaps and bounds, and is comparable to other recent growth trends in areas like micro-beers and small coffee roasters. And with the specialty cheese market at an estimated $6 billion (according to the SEC filing for this deal), it makes sense that some large companies are standing up and taking notice. It will be interesting to continue to watch this trend play out, especially what effect it might have on the quality and availability of both domestic and imported cheeses.
Via Pacific Northwest Cheese Project.
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Artisanal Cheese sale
Wow! I am dissapointed to hear this. I hope that the new owners do not alter the standards or daily management. However, I fear the worst :(
2 million??
2 million or 2 Billion? Just curious.
You know Coach Farms was sold too and New Owner is putting in 55,000 square foot facility in Hudson, New York. Look for lots more Goats in the Hudson Valley!!
AHFP's market cap is $2
AHFP's market cap is $2 million. Not such a big company from that standpoint, but probably bigger than Artisanal itself.
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