OFD Foods LLC

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OFD Foods LLC - overview

Established

1963

Location

-, OR, US

Primary Industry

Logistics & Distribution

About

OFD Foods LLC specializes in lyophilization and freeze-drying technologies, preserving food and pharmaceuticals while ensuring their nutritional integrity. The company provides innovative solutions for various industries, including outdoor recreation and healthcare. OFD Foods LLC, headquartered in Albany, US, was founded in 1963 and focuses on freeze-drying processes. The firm has undergone a recent acquisition by Arbor Private Investment Company on December 15, 2021, from Endeavour Capital.


Joe Folds continues as CEO, having been involved in the company since its inception. Under his leadership, OFD Foods LLC has developed strong partnerships with various sectors. OFD Foods LLC excels in lyophilization and freeze-drying technologies, offering a range of freeze-dried meals, snacks, and ingredients. These products are vital in sectors such as outdoor recreation, emergency preparedness, and healthcare.


The company's innovative freeze-drying process retains taste, texture, and nutritional benefits, catering to both consumer and industrial needs across North America, Europe, and Asia. The revenue for OFD Foods LLC is primarily generated through B2B transactions, supplying bulk orders of freeze-dried products to retailers, distributors, and government agencies. The company engages directly with large-scale clients, including grocery chains and outdoor supply stores, ensuring competitive pricing for their emergency preparedness and outdoor-focused offerings. Following the acquisition in December 2021, OFD Foods LLC aims to enhance its product lineup and capabilities, focusing on the development of new freeze-dried offerings.


The firm plans to expand its market presence, targeting new geographic regions to increase distribution before the end of 2023. The recent acquisition funding will support these initiatives, allowing the company to invest in product innovation and market entry strategies.


Current Investors

Arbor Investments Management

Primary Industry

Logistics & Distribution

Sub Industries

Food & Beverage Distribution

Website

www.ofd.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

OFD Foods LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary BuyoutCompletedOFD Foods LLC-
BuyoutCompletedOFD Foods LLC-

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