Dateline: Wed, 04 May 2005
freeNewsArticles Story Summary: “PHILADELPHIA, PA – May 4 (SEND2PRESS NEWSWIRE) — The Stephens’ Original Foods Company, a Pennsylvania Corporation, acquired the Bookbinder’s Soup and Seasonings Division from Silver Spring Gardens of Eau Claire, Wisconsin, on April 26th, 2005. The acquisition signals a return of the food division to its original Mid-Atlantic regional home, as well as a return to the market area where Bookbinder’s enjoys its highest sales concentration.”
A R T I C L E:
PHILADELPHIA, PA – May 4 (SEND2PRESS NEWSWIRE) — The Stephens’ Original Foods Company, a Pennsylvania Corporation, acquired the Bookbinder’s Soup and Seasonings Division from Silver Spring Gardens of Eau Claire, Wisconsin, on April 26th, 2005. The acquisition signals a return of the food division to its original Mid-Atlantic regional home, as well as a return to the market area where Bookbinder’s enjoys its highest sales concentration.
The Nazareth, Pennsylvania-based Stephens’ Original Foods Company is owned and operated by Mark and Evelyn Stephens. The Stephens’ are eager to drive the synergies between the packaged soups with the tradition and heritage of the Old Original Bookbinder’s restaurant, located in Philadelphia’s historic Old City and established in 1865.
The current line of seafood soups and bisques are manufactured in South Jersey. The clams and oysters are caught fresh off the Jersey shores. In addition to the seafood bisques (lobster, shrimp, crab, and seafood), the Bookbinder’s product line features Snapper Soup, New England and Manhattan Clam Chowders, Oyster Stew, Seafood Pepper Pot Soup, Clam Sauces, Clam Juice, Breadcrumbs, and Seasonings.
Stephens’ short-term goals for growing the Bookbinder’s Soups & Seasonings brands focus on increasing off-shelf display inventory in grocery chains, increasing points of distribution, and expanding foodservice penetration. Current distribution is throughout the U.S.
In addition to the Bookbinder’s Division, The Stephens’ Original Foods Company does business as Lehigh Valley Snack Distributors, a Wise Snack Foods master distributor for Northwest New Jersey and Northeast Pennsylvania.
Prior to establishing The Stephens’ Original Foods Company, Stephens held a variety of executive positions, including Vice President of Foodservice at Pepsi Bottling Group and Regional Marketing Manager at Pfizer/Warner Lambert. Evelyn Stephens also serves as Director of Cairnwood, a historic mansion in Bryn Athyn, Pennsylvania.
The Stephens’ reside in Huntingdon Valley, Pennsylvania, with their 3 young children. They are eager to grow the Bookbinder’s brand into the fastest-growing, largest specialty soup brand in the country.
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• Story Title: Bookbinder's Soups and Seasonings Division Acquired by Pennsylvania Corporation
• REFERENCE KEYWORDS/TERMS: , , , , Food and Beverages, , , .
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