Fairmount Food Group, LLC (FFG) is a food industrial company headquartered in
Dallas
Dallas () is a city in the U.S. state of Texas and the most populous city in the Dallas–Fort Worth metroplex, the List of Texas metropolitan areas, most populous metropolitan area in Texas and the Metropolitan statistical area, fourth-most ...
,
Texas
Texas ( , ; or ) is the most populous U.S. state, state in the South Central United States, South Central region of the United States. It borders Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the we ...
. Established in 2003 by Bing Graffunder (CEO) and Sam Hillin (CFO), the company began with an initial $200 million in
equity financing
In finance, equity is an ownership interest in property that may be subject to debts or other liabilities. Equity is measured for accounting purposes by subtracting liabilities from the value of the assets owned. For example, if someone owns ...
from
GTCR Golder Rauner with the purpose of buying out growth companies in the industry.
Companies
, the portfolio of companies (all of them being specialty and deli-style
cheese
Cheese is a type of dairy product produced in a range of flavors, textures, and forms by coagulation of the milk protein casein. It comprises proteins and fat from milk (usually the milk of cows, buffalo, goats or sheep). During prod ...
companies) which continue to operate under their own identities include:
*
DCI Cheese Company (acquired April 2005), (sold 2011)
*Green Bay Cheese Company (acq. February 2006),
*G&G Foods (acq. June 2006),
*Swissrose International (acq. August 2006)
*Advantage Foods (Advantage International Foods Corporation, acquired from
ConAgra
Conagra Brands, Inc. (formerly ConAgra Foods) is an American consumer packaged goods holding company headquartered in Chicago, Illinois. Conagra makes and sells products under various brand names that are available in supermarkets, restaurants, ...
,
Omaha, Nebraska
Omaha ( ) is the List of cities in Nebraska, most populous city in the U.S. state of Nebraska. It is located in the Midwestern United States along the Missouri River, about north of the mouth of the Platte River. The nation's List of United S ...
in September 2007
[News – Advantage International Foods Corporation]
/ref>).
Other acquisitions include Carter/Meister LLC[ (a supplier for DCI Cheese). These acquisitions have made Fairmount Food Group one of the largest importers and marketers of specialty and deli-style cheese in the United States."Industry News"]
, ''Gourmet Retailer Magazine'', December 01, 2007
See also
* List of dairy product companies in the United States
This is a list of dairy product companies in the United States. A dairy product is food produced from the milk of mammals. Dairy products are usually high energy-yielding food products. A production plant for the processing of milk is called a dai ...
References
{{Reflist, 2
Companies based in Dallas
Dairy products companies of the United States