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Seneca Foods Buys 50 Percent of Truitt Bros.

April 2, 2014
by Candy & Snack TODAY

Marion, NY — Seneca Foods Corp. has acquired a 50 percent ownership interest and directly related holdings of food processor Truitt Bros., Inc., the company reports.

Terms have not been disclosed; however, Seneca confirms it retains the option to purchase any or all remaining shares under the share purchase agreement.

Further, management of Truitt will remain unchanged, according to the maker of snack chips and other fruit and vegetable products.

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