Eat Club acquired Taro, a company that produces globally-inspired, home-style meals. The deal gives Eat Club Taro's proprietary recipes, culinary equipment, and distribution technology.
Eat Club is a corporate food delivery service that offers employees the power to choose their meals each day, from a mobile app featuring a curated menu of over 100 different dishes a week. It has delivered more than 17 million meals to employees in San Francisco, Silicon Valley, and Los Angeles since launch.
Taro is the second Eat Club acquisition since the appointment of Doug Leeds as CEO in 2018. During this time, Eat Club also acquired Bay Area-based Farm Hill Foods, accelerated YoY growth, and now serves nearly 1,000 corporate clients each month.
Related: Investment Funds Acquiring Smart & Final; Martha Stewart and Emeril Lagasse Brands Have New Owner.
from Foodservice http://bit.ly/2UHKbTP
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