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March 28, 2015 3:10 PM ET

Food Products

Company Overview of Quantum Foods, LLC

Company Overview

Quantum Foods, LLC manufactures and distributes protein products and custom menu solutions. It offers beef, pork, and poultry to quick service, fast casual, midscale, and casual dining chains, as well as military and school foodservice channels; portion control steaks, chops, and roasts; custom ready to cook products; and fully cooked/ready to eat products. The company also partners with retailers on private label programs, and prepared meals and deli solutions. In addition, it offers culinary, and product development/research and development services; marketing services that include menu assessment/analysis, marketplace insights, and marketing research services. Quantum Foods, LLC delivers ...

750 South Schmidt Road

Bolingbrook, IL 60440

United States

Founded in 1990

Phone:

630-679-2300

Fax:

630-679-1257

Key Executives for Quantum Foods, LLC

Chief Executive Officer and President
Chief Financial Officer
Executive Vice President of Sales & Marketing
Compensation as of Fiscal Year 2014.

Quantum Foods, LLC Key Developments

CTI Foods Is In Final Stage To Acquire Quantum Foods

Quantum Foods, LLC announced that it is in the final stages of negotiating a sale of substantially all its business to CTI Foods, Inc. After evaluating multiple opportunities in the process, a leader emerged with a clear strategy to move Quantum Foods past its financial challenges and onto a path for future success. "As an industry leading protein processor, Quantum's well-established and long-standing customer relationships, diverse product offerings and demonstrated focus on quality and safety are recognized as significant value to buyers," said Edward B. Bleka, Chief Executive Officer, Founder and sole owner of Quantum Foods. "With enhanced financial backing, Quantum expects to fully deliver on its historic commitment to fulfilling the needs of our customers efficiently, safely and always with superior quality and service. We believe the completion of the sale process will enable us to focus effectively on caring for our customers, vendor partners and employees, who have all been incredibly supportive to the company," Bleka added. To facilitate the expected sale transaction, Quantum Foods has determined it is best to execute this sales process under the protection of the United States Bankruptcy Code. Quantum Foods today filed a voluntary Chapter 11 petition in the District of Delaware to obtain the essential financing necessary to preserve continuity, to the greatest extent possible, for its customers, employees and business partners. As part of the planned sale process through Chapter 11, the company will solicit additional competing offers for Quantum Foods to ensure it achieves the highest and best offer for its business. Quantum Foods is being advised in its restructuring by Winston & Strawn, City Capital Advisors, LLC and FTI Consulting, Inc.

Quantum Foods Appoints John Morrissey as Executive Vice President, Sales and Marketing and Herman Brons as Chief Financial Officer

Quantum Foods, LLC announced that it has appointed John Morrissey as Executive Vice President, Sales and Marketing and Herman Brons as Chief Financial Officer to its executive leadership team. For seven years, Morrissey held various executive positions with Cargill Inc., and most recently he served as Vice President, National Accounts Sales. Brons held increasing levels of responsibility in his 17 years with CSM, including CFO of significant operating divisions in the United States. Morrissey and Brons will report to Peter Brown, President.

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