This cookie is set by GDPR Cookie Consent plugin. He is a four-time winner of Jesse H. Neal Awards from the American Business Press, known as the Pulitzer Prizes for industry trade publications. 2021 Grecian Delight | Kronos. Mark Burgett, Managing Partner, e2p "This merger will allow Grecian Delight and Kronos to accelerate growth into global cuisine and protein-based foodsboth significant trends within the food sector. e2p is a middle market, Chicago-based private equity firm focused on control-oriented investments in the food and consumer packaged goods industries. Now, two great organizations are coming together with a unified goal of putting our customers in a better position to succeed by delivering even more value-added products and services., Grecian Delight | Kronos1201 Tonne RoadElk Grove Village, IL 60007800-621-4387. For more information, please visit www.kronosfoodscorp.com. abc@xyz.com. Grecian Delight and Kronos have gained a well-deserved reputation for being deeply passionate about serving the food industry and providing authentic eating experiences to consumers. Youve reached your limit of free articles for this month. Provided Two big Chicago-area companies that make gyros meat and other Mediterranean foods are merging to spur growth. To find a distributor near you, call our customer service department at 1-800-621-4387. While both companies take pride in their authentic Mediterranean heritage, each has evolved and grown to offer innovative products that make globally-inspired foods more easily accessible to the foodservice, retail and club industries. Kronos Foods has reached a merger agreement with Grecian Delight Foods. For e.g. Kronos and Grecian Delight are combining under private-equity ownership into an estimated $320 million business. Part 1 Help in Navigating Your Business Through COVID-19, Part 2 Help in Navigating Your Business Through COVID-19, Part 3 Help in Navigating Your Business Through COVID-19, The Greeks Changing the Mediterranean Food Game in America Again. He has also been a freelance contributor to many leading national consumer and business publications, and served as Marketing Manager for the Hay Group, a leading worldwide management consulting firm. While both companies take pride in their authentic Mediterranean heritage, each has evolved and grown to offer innovative products that make globally-inspired foods more easily accessible to the foodservice, retail and club industries. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. Bookmark, share and interact with the leading club and resort magazine today. The website assimilates the previously standalone websites of the two pre-merger companies, as well as fresh new content, showcasing the reach and comprehensive nature of Grecian Delight | Kronos Foods. Grecian Delight and Kronos have gained a well-deserved reputation for being deeply passionate about serving the food industry and providing authentic eating experiences to consumers. Entrepreneurial Equity Partners, a Chicago-based private equity firm focused on the food and consumer packaged goods industries, announced that Kronos Foods, one of e2p's portfolio companies, has reached an agreement to merge with Grecian Delight Foods, Inc., a Parthenis family business. But together? And if you. "This is a partnership that has been 30 years in the making. This is a partnership that has been 30 years in the making. For further information, visit www.e2pcapital.com. April 8, 2020 Photo credit: Grecian Delight Grecian Delight, a Chicago-based manufacturer and marketer of top quality Greek and Mediterranean products for the foodservice and retail industries, has acquired Kronos Foods in a merger that creates a new food giant in the US. But opting out of some of these cookies may affect your browsing experience. These cookies ensure basic functionalities and security features of the website, anonymously. The cookie is used to store the user consent for the cookies in the category "Other. Get a subscription to access this feature and more! Explore our world of global cuisine. The agreement between Grecian Delight and Kronos joins together two Mediterranean food companies with substantial product portfolios, including value-added proteins, plant-based proteins, bakery items, globally-inspired cuisines and authentic dips and spreads. 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Your response to the Hellenic News of America (HNA) is the engine that compels our commitment to inform, enlighten, inspire, and unite the Greek American community The merger will allow Grecian Delight and Kronos to better serve their customers by offering more overall value through enhanced services, expansive product lines and increased capacity to quickly bring new innovations to market. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. The Hellenic News of America is the premier news network for Greek news, Greek American news and the Greek diaspora grecian delight patty stack April 14, 2020 Private-equity-backed Kronos Foods merges with Grecian Delight Foods Kronos Foods, a Mediterranean products supplier for foodservice and retail, has merged with a US firm. The copyrights for these articles are owned by HNA. By selecting Accept, you consent to our use of cookies. Select items are available for international export. Visit our e-store for all your special occasion gifts. The agreement between Grecian Delight and Kronos joins together two iconic Mediterranean food companies with substantial product portfolios, including value-added proteins, plant-based proteins, bakery items, globally inspired cuisines and authentic dips and spreads. The merger will allow Grecian Delight and Kronos to better serve their customers by offering more overall value through enhanced services, expansive product lines and increased capacity to quickly bring new innovations to market. . Together we can take our combined experience and use it as a catalyst for culinary solutions geared toward our customers and their consumers. You can update your preferences at any time by visiting preferences. For more information, please visit www.kronosfoodscorp.com. Enter your email address and name below to stay up-to-date, Hellenic News of America, a 24 hour website portal with Greek - American News, Parthenis Family and Entrepreneurial Equity Partners Merge Grecian Delight and Kronos Foods, A night of politics and Cretan hospitality at Malliotakis Fund Raiser in Staten Island, Platanides: Through The Eye of The Storm- An Ode to the Unwavering Christian Faith. NICOSIA Archbishop Chrysostomos II, the outspoken leader of Cyprus Greek Orthodox Christian Church whose forays into the countrys complex politics and finances fired up supporters and detractors alike, died Monday. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. Youre reading 1 of 3 free articles this month. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. 61% of employees would recommend working at Grecian Delight | Kronos Foods Corp to a friend and 66% have a positive outlook for the business. NEW YORK The award-winning documentary film, The Vous, highlighting the people behind the renowned Memphis, TN, barbecue restaurant The Rendezvous, makes its New York premiere on November 13 at theDOC NYC festival as an Official Selection. Explore articles from the past and connect to your heritage! ELK GROVE VILLAGE, Ill., May 4, 2022 /PRNewswire/ -- Grecian Delight Kronos Foods, a leading producer of Mediterranean Foods, today announced its new line of authentically prepared, fully. e2p Managing Partner Mark Burgett commented, This merger will allow Grecian Delight and Kronos to accelerate growth into global cuisine and protein-based foods both significant trends within the food sector. Were eager to meet and exceed the expectations of the food industry with flavorful, on-trend dishes, sauces and spreads.. Get unlimited access to The National Herald. Grecian Delight and Kronos are two strong, industry-leading businesses with a long history of providing flavorful, high-quality food products. The Elk Grove Village company announced Tuesday it's merging with Kronos Foods. The cookies is used to store the user consent for the cookies in the category "Necessary". Apr 7, 2020, 12:10pm PDT Mediterranean food featured on Grecian Delight's website. Were eager to meet and exceed the expectations of the food industry with flavorful, on-trend dishes, sauces and spreads.. This is a partnership that has been thirty years in the making, said Peter Parthenis, Jr., Grecian Delights President and Chief Executive Officer, who will serve as CEO of the newly formed company. As a manufacturer and marketer of Greek and Mediterranean inspired cuisine, Grecian Delight is a strategic addition to Kronos."This merger will allow Grecian Delight and Kronos to accelerate growth into global cuisine and protein-based foodsboth significant . reputation for being deeply passionate about serving the food industry and providing authentic eating experiences to consumers. Necessary cookies are absolutely essential for the website to function properly. Thanks to the Stavros Niarchos Foundation, our readers are able to explore our archives from 1915 and connect to their heritage and past. April 07, 2020 12:05 AM A big Greek wedding as gyros firms merge Kronos and Grecian Delight are combining under private-equity ownership into an estimated $320 million business. Timacuan Golf Club Now Private Under New Ownership Group, New Iowa Golf Entertainment Venue Has a Name. Founded in 1974 by the Parthenis Family, Grecian Delight (www.greciandelight.com) is a leading provider of authentic Mediterranean foods, including gyros and specialty meats, pitas and flatbreads, tzatziki, hummus and spreads, falafel and specialties and plant-based proteins. "Our goal has always been for 30 years to try and put these businesses together just because it makes sense," Parthenis said. This cookie is set by GDPR Cookie Consent plugin. With two . On April 2, 2021, we celebrated The National Heralds 106th Anniversary. The two brands now operate under a new platform called World Foods. Innovations include products such as ReadyCarved flame-broiled, off-the-cone slices from Grecian Delight and KronoBROIL Gyros Slices from Kronos. 2020 - Hellenic News of America. 2 years BIG bite and bold flavors for Chicago's BIG Ten School. It does not store any personal data. extensive industry networks to supporting and collaborating with portfolio company teams. 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