Kronos Foods Acquires Pita King Bread Manufacturer

Middle Eastern Pocket Wraps Give Food Service Operators New Options For Sandwiches, Starters, And More

May 19, 2011, 13:33 ET from Kronos Foods, Inc.

GLENDALE HEIGHTS, Ill., May 19, 2011 /PRNewswire/ -- Kronos Foods, Inc., a leading manufacturer of premium gyros and other Mediterranean specialty food items, today announced that it has completed the acquisition of the commercial baking assets of Everett, Wash.-based Pita King Bakery, a leading producer of Middle Eastern bread.  As part of the transaction, Pita King's operations will be moved to Kronos' manufacturing facility in Madera, Calif.

The Pita King acquisition marks Kronos' entry into flatbread production in its California bakery, known for its fillo-baked specialties.  Kronos, which also produces breads out of its Glendale Heights, Ill., headquarters, anticipates expanding its flatbread product line in coming years.

"Pita King's products add to the unique bread offerings Kronos provides restaurateurs nationally," said Mike Austin, Kronos C.E.O.  "As one of the nation's largest Mediterranean food companies, we are continually expanding our product line with innovative, great-tasting products that are responsive to the needs of our customers.  We believe Pita King's specialty breads will be very attractive to our chain, specialty, grocery, and independent restaurant accounts."

Pita King produces authentic Middle Eastern pocket breads in a variety of sizes and formulations, including white and whole wheat.  Its products are ideal for use by food service operators to fill or wrap with protein and vegetables or as breads for dips, including hummus.  

With no cholesterol, only 0.5 grams of fat and 170 calories, Pita King's 7-inch-round pocket wrap allows restaurateurs to be on trend by offering thinner, less filling sandwiches and menu options.

"This is the perfect sandwich bread because of its incredible versatility," said Howard Eirinberg, Kronos Foods Corp.'s president and head of new product development.  "Its ease of use will allow chain restaurants and independents to expand their menus without heating up a grill and warming the bread.  The unique bread is especially great for chain drive-thru usage because ingredients are contained within the product's pocket and are less likely to spill in the car."

For more information, visit www.kronosfoodsinc.com.

About Kronos Foods, Inc.

Founded in 1975, Kronos is a leading manufacturer of premium gyros and other Mediterranean and specialty foods. Kronos manufactures and distributes its products nationally through foodservice channels and major retailers, including broadline and specialty distributors, club stores, mass merchants, and grocery chains. In addition, Kronos produces custom and private-label products for QSR, fast-casual, and family dining restaurant chains, as well as for specialty food manufacturers. Its complete product line includes gyros and other specialty meat products, sauces, flatbread, fillo, and fillo-based specialty items such as spanakopita. Kronos is also a leading manufacturer of baklava and other handmade desserts for food service and retail customers through its subsidiary Rain Creek Baking Company www.raincreekbaking.com and to consumers via www.sinbadsweets.com. For more information, visit www.kronosfoodsinc.com.    

CONTACT:   Susan Stoga/Andrea Schnorr
                    847/884-0000

SOURCE Kronos Foods, Inc.



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