Feb 27, 2019Potato processor Rite Stuff Foods bought by German company Frostkrone Group
Quickly expanding German company Frostkrone Group recently announced the acquisition of Idaho potato processor Rite Stuff Foods Inc.
“We have had good business relationships with the U.S. for several years now. The logical consequence of the developments and discussions with trading partners was the direct consequence of having a company location,” said Frédéric Dervieux, Managing Partner of the Frostkrone Group.
Rite Stuff Foods was founded in 1989 by Thomas J. Madden and currently has more than 230 employees. The Jerome, Idaho-based company uses only Idaho potatoes to make baked and stuffed potatoes, stuffed potato boats, potato wedges in various flavors, potato pancakes, rolls and hearts.
For the potato boats, the potatoes are baked, halved and drawn by hand to maintain their freshness. They are filled with bacon, cheddar cheese, mozzarella cheese, Monterey Jack cheese, pork and BBQ chicken.
The products are available in stores, restaurants and foodservice.
“With Rite Stuff Foods, we have gained a company with excellent business contacts in the United States,” Dervieux said. “We are looking forward to a successful cooperation.”
Frostkrone Group, headquartered in Rietberg, North Rhine-Westphalia, Germany, specializes in the manufacture and sale of frozen finger food and snack products. It was founded in 1997 and has several production facilities in Germany and France.
Frostkrone Group’s product range is delivered throughout Europe, including to Scandinavia, the Netherlands, France, Spain, Portugal, Great Britain and Eastern Europe, including the Czech Republic, Poland, Estonia, Lithuania, Latvia and Russia. Since 2017, products have been exported to the U.S.