Winona Foods

Company Profile

Winona Foods was founded in 1995 with the strategic mission of providing high quality cheese products and best-in-class customer service. Leveraging two state-of-the-art production facilities, the Company has become an industry leading manufacturer and distributor of natural, processed, and specialty cheese products to the food service, industrial ingredients, retail, and co-packing sectors. The Company’s fully integrated manufacturing capabilities allow the Company to cut, slice, chunk, cube, and shred cheese, as well as provide portion-controlled products in dips, sauces, preserves, jams, jellies, and dressings.

Situation

SSG was retained by Winona Foods, Inc. to explore the Company’s strategic alternatives.

Solution

SSG conducted a targeted marketing process and attracted interest from several strategic parties who engaged in a thorough review of specific business units. The Buyer ultimately prevailed in the purchase of the Company’s cheese processing division located in Green Bay, WI. SSG’s ability to manage complex carve-out transactions and experience in the dairy industry allowed the Company to maximize the value of its assets and position the processing division for growth under new ownership. Winona Foods will continue to provide slicing, cubing, dicing, chunking, shredding, wrapping and cross-docking services out of its conversion facility in Howard, WI.