Fort Worth, TX-based food distributor PAK Quality Foods, LLC, a portfolio company of Cross Rapids Capital, has acquired substantially all assets of Vernon Transportation LP and AmTex HR Foods LLP, Inc., which does business as H&R Foods — an employee-owned food company based in Amarillo, TX.
Founded in 1969, H&R Foods serves foodservice, retail and institutional customers across Texas, New Mexico, Oklahoma and Kansas. In addition to beef, pork and poultry, H&R Foods also offers dry goods, produce, dairy and other products.
Meanwhile, PAK Quality Food serves foodservice, retail and institutional customers throughout Texas and Eastern New Mexico.
According to a Dec. 18 news release, the acquisition enables both companies to grow by broadening the portfolio of products and services they offer to customers as well as by broadening their customer bases. The leaders of H&R Foods, John and Barry Vernon, will continue to run the business.
“We are thrilled to welcome H&R Foods into the PAK Quality Foods family,” said John Pieper, PAK Quality Foods CEO. “Our commitment is simple: the high-quality, reliable service and responsiveness that customers have come to expect from H&R Foods will continue, backed by the added resources of PAK Quality Foods. We share a deep focus on serving our customers well, and together we see a strong future of investment, partnership and growth across the communities we serve.”
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