MANNY ADDS A COMPANY

Manischewitz(R) Announces Strategic Investment in Cuisine Innovations, LLC
SECAUCUS, N.J., May 19 /PRNewswire/ — R.A.B. Food Group, LLC, the owner of Manischewitz,(R) today announces a significant investment in Cuisine Innovations, LLC. While continuing to operate separately from Manischewitz(R), this investment brings together two leading branded kosher and specialty food organizations and solidifies R.A.B. Food Group’s position as the nation’s leading kosher food company.

R.A.B. Food Group President and Chief Executive Officer Bruce Bossidy said: “The partnership with Cuisine Innovations complements and strengthens our core kosher businesses while also creating new strategic options for us. We will now be able to work closely to better serve our consumers, retailers and foodservice customers while enjoying purchasing synergies and enhanced brand marketing.”

Paul Bensabat and Alain Bankier of Cuisine Innovations will be joining the organization as Co-Presidents working directly with management on acquisitions and strategy as well as the strategic development of the Cuisine Innovations business. “We are very excited to be working with the new team and believe that the combination will provide for an even brighter future for both organizations,” said Bensabat.

Posted on May 23, 2008 at 12:05 am by Rabbi Jeffrey Rappoport · Permalink
In: General Topics, Uncategorized

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