The two companies already have a common ownership by the families of brothers Dan and Tom Siegel, and the merger will operate under the Deli Star name with speciality fudge remaining under the King's Food name.
Justin Siegel, president, Deli Star, said the two companies have been part of its family’s heritage for 25 and 30 years respectively.
“While reviewing both companies’ growth strategies, and by working with our customers at our St. Louis Innovation Center, our leadership team realized the synergies and opportunities that could be created if we combined operations,” he said.
Deli Star, Illinois, supplies fresh meat to the foodservice sector including brands: Deli Star Classic, Chef’s Edge, Gaucho, and Simple Promise.
One of the advantages of the merger is the use of Deli Star’s St. Louis Innovation Center (SLIC), a restaurant-style kitchen, research and development facility.
Projects here include developing new products to expand King’s Food line of fudge and supporting company growth plans.
No job losses
Management leadership will remain the same at Deli Star following the merger, with Justin Siegel serving as president and Dan Siegel and Tom Siegel continuing to serve on the board.
No job losses have been announced as part of the merger.