Stanz-Troyer announces new holding company branding
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowStanz-Troyer, a South Bend-based food service distribution holding company, announced it will operate under a new brand: Raydia Food Group.
The holding company was created following the 2022 merger of Stanz Foodservice and Goshen-based Troyer Foods. Both companies will continue to use their branding, and Raydia will replace Stanz-Troyer as the holding company name.
Moe Alkemade is currently the CEO and a board member of Stanz-Troyer. He will transition to be the Raydia CEO.
The company said all 450 employees will be retained.
“With our aggressive growth goals, the new Raydia Food Group brand will ensure that our customers continue to benefit from Stanz and Troyer’s expertise and enhanced service, developed through their combined 175 years of experience in foodservice distribution,” Alkemade said in a news release.
Raydia said in the release it has U.S. sales of $500 million in markets across the food industry. The new company will search to adopt new technology and expand into more markets.