New company buying Montgomery-based food business

Oct 17, 2024 at 9:52 PM

Montgomery's Iconic Beverage Brand Whitfield Foods Sold to SoGo Packaging: A New Era of Growth and Opportunity

In a significant move that will reshape the local business landscape, Whitfield Foods Inc., a Montgomery institution since 1906, has announced the sale of its assets to SoGo Packaging LLC. This transaction marks the end of an era for the beloved beverage co-packing business, known for its signature Alaga labeling syrup and hot sauce, as well as its Yellow Label syrup products. However, it also heralds a new chapter of growth and opportunity for the Montgomery community.

Unlocking the Potential of Montgomery's Iconic Beverage Brand

Whitfield Foods' Legacy and Impact

Whitfield Foods has been a cornerstone of Montgomery's business community for over a century, serving as a reliable partner for beverage manufacturers and a source of pride for the local population. The company's Alaga brand, in particular, has become synonymous with the city's culinary heritage, gracing the shelves of grocery stores and pantries across the region. Whitfield's commitment to quality and innovation has earned it a loyal customer base, making it a beloved institution in the heart of Alabama.

The Acquisition by SoGo Packaging: A Promising Future

The acquisition of Whitfield Foods' assets by SoGo Packaging LLC marks a significant milestone in the company's history. SoGo, a newly formed entity, is the result of a collaboration between Mark S. Avent, manager of NoSo Holdings LLC, and William A. Brown, president of Brown Bottling Group Inc. This strategic partnership promises to infuse Whitfield's operations with a fresh perspective and a renewed focus on growth and diversification.

Preserving Whitfield's Legacy and Empowering the Local Community

The sale agreement stipulates that SoGo Packaging will acquire the assets used for Whitfield's syrup products, including the Alaga brand, while leaving the company's other operations untouched. This move ensures that the iconic Alaga brand will continue to thrive under new ownership, preserving the legacy that Whitfield has built over the decades.Moreover, SoGo has committed to providing post-closing opportunities to Whitfield's current employees, recognizing the invaluable expertise and dedication of the workforce. This commitment to retaining and empowering the local talent pool is a testament to SoGo's vision for the future of the business.

Investing in Montgomery's Economic Growth

The acquisition of Whitfield Foods' assets by SoGo Packaging is more than just a business transaction; it represents a strategic investment in the growth and prosperity of Montgomery's economy. SoGo has pledged to make capital investments to expand and diversify the business, signaling its intent to leverage Whitfield's established infrastructure and market presence to drive further economic development in the region.This move aligns with the joint statement made by representatives of Whitfield and SoGo, who described the transaction as "visionary business development dedicated to enhancing Montgomery's economy and elevating the local community." The influx of new resources and the promise of job opportunities will undoubtedly have a positive ripple effect on the city, fostering a sense of optimism and growth.

A Seamless Transition: Ensuring Continuity and Stability

The transition of Whitfield Foods' assets to SoGo Packaging is expected to be a smooth and seamless process, with the purchase agreement slated to close on October 31st. This timeline ensures that the operations of the business will continue uninterrupted, providing stability and reassurance to Whitfield's customers, suppliers, and employees.Furthermore, the announcement that Whitfield's current president, Joe Friday, will assume the role of president at SoGo's Montgomery site underscores the commitment to maintaining the company's core values and expertise. This continuity of leadership will be instrumental in navigating the transition and preserving the strong relationships that Whitfield has cultivated over the years.

A New Era of Opportunity and Growth

The sale of Whitfield Foods' assets to SoGo Packaging marks the beginning of a new era for the iconic Montgomery brand. While the Alaga brand and its legacy will continue to thrive, the infusion of new resources, expertise, and strategic vision from SoGo promises to unlock a world of possibilities for the business and the local community.As the city of Montgomery looks towards the future, the Whitfield-SoGo partnership stands as a testament to the resilience and adaptability of the region's business landscape. This transaction not only preserves a cherished local institution but also paves the way for a new chapter of growth, innovation, and economic prosperity for the entire community.