Reser’s Fine Foods, Inc. to Purchase Assets of Orval Kent Food Company

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Today, the U.S. Bankruptcy Court for the District of Delaware accepted the bid from Reser’s Fine Foods, Inc. (“Reser’s”) to purchase substantially all of the assets and operations of Chef Solutions Inc. (“Chef Solutions”), a subsidiary of Chef Solutions Holdings, LLC., including those of its primary operating subsidiary, Orval Kent Food Company, LLC (“Orval Kent”).

Reser's Fine Foods, Inc.

Both companies are working diligently to ensure that Orval Kent customers experience a smooth transition as we integrate their operations,” stated Mark Reser, president and chief executive officer of Reser’s.

Today, the U.S. Bankruptcy Court for the District of Delaware accepted the bid from Reser’s Fine Foods, Inc. (“Reser’s”) to purchase substantially all of the assets and operations of Chef Solutions Inc. (“Chef Solutions”), a subsidiary of Chef Solutions Holdings, LLC., including those of its primary operating subsidiary, Orval Kent Food Company, LLC (“Orval Kent”). Reser’s will operate Orval Kent’s previous businesses, with a significantly strengthened balance sheet and improved liquidity.

As previously reported on October 4, Chef Solutions filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code with the U.S. Bankruptcy Court.

“Both companies are working diligently to ensure that Orval Kent customers experience a smooth transition as we integrate their operations,” stated Mark Reser, president and chief executive officer of Reser’s. “We’re confident that the increased breadth and depth of our combined North American product portfolio, product innovation and customer service will benefit all of our customers.”

About Reser’s Fine Foods, Inc.
Oregon-based Reser’s is the leading national provider of deli salads, side dishes, and prepared foods. Founded in 1950 by Earl and Mildred Reser, the company remains privately owned and operated and committed to providing delicious comfort food classics. Visit http://www.resers.com.

MEDIA CONTACT:

David Lakey
Reser’s Fine Foods, Inc.
Office: 503-643-6431 or 1-800-333-6431
Cell: 971-678-2528
Email: davel(at)resers(dot)com

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David Lakey
Reser's
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