FALL RIVER – Blount Fine Foods, soup and dip maker, announced the acquisition of a Florida food manufacturer earlier this month.
Blount said it bought Neco Foods LLC, of Lantana, Fla., for an undisclosed price and will change the name slightly to Neco Fine Foods. Neco makes similar products to Blount and will give the Fall River company production facilities in the Southeast United States.
Blount said it expects the Neco staff to remain in place and does not foresee making any changes except where there are efficiencies to be gained.
“The more we worked through our due diligence on Neco Foods, the more we realized we were acquiring a company with a commitment to quality across R&D, production, and customer collaboration,” said Todd Blount, president of Blount Fine Foods. “We are bringing on a great team that is working toward a vision already aligned with Blount Fine Foods, so we are very pleased with this acquisition.”
“We have added production and distribution in an important part of the country with this acquisition,” added Blount. “We look forward to investing into Neco’s infrastructure and to growing their customers’ business.”
On Aug. 2, Blount announced it was expanding its food production line to its facility in Warren.