Grand Specialties has been laying the foundation for this merger for the last four years
Lancaster, Pa. (PRWEB) February 3, 2010
Lancaster-based Grand Specialties I, Ltd., is pleased to announce the merger of Grand Specialties with the newly-formed M Industry USA, Inc., a wholly-owned subsidiary of Migros Genossenschafts-Bund. Migros is a Swiss manufacturer and retailer of chocolates, cookies, pastas, juices, body care, household cleaners, cheeses, mineral waters, preserves and other products.
Hogan and her Grand Specialties partner, Bob Mannix, have been named by Migros as principal managers of M Industry. Mannix will serve as Vice President and Hogan as Trade Director.
"Grand Specialties has been laying the foundation for this merger for the last four years," says Hogan. "We've been navigating Migros toward filling the need for private-label products in the U.S. market."
M Industry will serve as the selling and marketing arm for 12 of the Migros manufacturing industries. Collectively these 12 industries represent one of the largest full-line food and non-food private-label operations in the world today. M Industry will serve as the central coordination point for hundreds of Migros' brands.
For the first time in Migros' nearly 100-year history, their products will be available to U.S. retailers looking for premium Swiss private-label products.
M Industry will operate from Lancaster, Pa. and will have warehouse services in Jamesburg, N.J.