Bubbies of San Francisco's completed the acquisition of Othentic Foods by Bubbies of San Francisco. Bubbies investment banking team, including Robert T. Smith and Roman Lefranc acted as their exclusive financial advisor.
Bubbies is a leading purveyor of fermented, specialty foods offering naturally fermented pure kosher dills, dill relish, sauerkraut and pickled green tomatoes made without vinegar or artificial preservatives. Bubbies products are sold largely through natural food stores such as Whole Foods, Wild Oats, Organic Food Depot, Sunshine, Westerly and at better independent natural food stores throughout the country.
The Deal Team scoured the market to identify accretive acquisitions that met both Bubbies strict quality standards and promised specific cost and market synergies.
“What is uniquely great about our investment bankers is their ability to listen and apply their skills and strengths to our business and to what we’re trying to achieve.” said John Gray, Bubbies CEO.
Othentic Foods is a New Jersey based importer of USDA certified Organic and All Natural pickles, sauerkraut, beets, marinated peppers, salads and soups from Poland. Othentic’s products are sold at retail stores throughout the United States. Their products are OU Kosher and non-GMO Certified by the European Union.