Elior North America, subsidiary of Paris based Elior Group, has signed a definitive agreement to acquire fresh and frozen meal and snack maker Preferred Meals. Based in Berkeley, Ill., Preferred Meals serves more than 130 million meals annually in 30 states across the US, primarily to the education and senior dining markets, from 6 production kitchens and 13 distribution centers located across the US. Revenues were around $225 million in FY 2015.
Elior acquires Preferred Meals
Company manufactures more than 130 million meals annually, primarily for the education and senior dining markets.