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Loeb Winternitz Sells AnaCon Foods’ Facility as an Ongoing Concern

May 19, 2014, 05:44 AM
Filed Under: Industry News

Loeb Winternitz Industrial Auctioneers is pleased to announce that the assets from AnaCon Foods’ wheat germ and extruded snack facility has been sold as an ongoing concern. As a result, the auction originally planned for April 29th, was cancelled.

AnaCon Foods was previously manufacturing nut-substitute snack foods made from wheat germ that contained no actual nut ingredients. It was also manufacturing flavor-particulate products for use by other food manufacturers as extenders or as replacements for nut pieces, natural fruit, and sweet flavor bits.
“It was a pleasure working with everyone that was involved in this deal,” stated Howard Newman, President of Loeb. “We are thrilled that we were able to assist in keeping this incredible product around.”
Loeb Winternitz worked diligently to fully prepare the site for auction while simultaneously working with AnaCon to negotiate the sale of their facility in bulk.

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