Reser’s Buys Vaughan

September 16/Moore, Okla./GlobeNewswire -- Vaughan Foods Inc. has been acquired by Reser's Fine Foods Inc.

"I am pleased to announce the completion of our acquisition by Reser's," said Herbert Grimes, Vaughan's CEO. "We believe that this transaction was in the best interests of our stockholders, and we look forward to working with the Reser's management team as we continue to build the Vaughan brand and expand our business."

"I am excited to welcome Vaughan's employees into the Reser's family," said Mark Reser, president and CEO of Reser's. "We are confident that the combination of our two companies will provide our customers with enhanced products, service and innovation. We look forward to continued growth for many years to come."

From the September 19, 2011, Prepared Foods' Daily News.

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