Via website
PAK Quality Foods, a Fort Worth-based food distributor with a distribution facility in San Angelo, has acquired substantially all assets of Las Colinas International Inc., doing business as Formosa Foods.
Based in Dallas, Formosa Foods is a family-owned food distributor that has served foodservice, retail, and institutional customers since 1979.
The acquisition allows both companies to broaden their product portfolios and customer reach across Texas and the surrounding region.
“PAK Quality Foods is thrilled to join forces with the Formosa Foods team,” said John Pieper, PAK CEO in a statement. “We are excited to expand our offering to customers and also to offer Formosa Foods’ customers access to our products and service. Formosa Foods’ mission of providing top-quality food products and being a trusted partner to its customers aligns perfectly with that of PAK Quality Foods. Together we will be an even stronger company.”
PAK is a portfolio company of Cross Rapids Capital in New York.
Formosa’s owners, Jesse and Weldon Chang, will continue to lead the business and have invested in PAK as part of the deal.
Formosa’s product lineup includes beef, pork, poultry, seafood, lamb, goat, grains, dry goods, and disposables. PAK Quality Foods serves customers throughout Texas and Eastern New Mexico with a full line of proteins, cheeses, oils, and dry goods.