Southeastern Mills acquires Utah-based JMH Premium
Rome’s Southeastern Mills has completed the acquisition of Salt Lake Citybased JMH Premium — a maker of flavor bases, gravies, drinks and desserts primarily for industrial customers.
SEM Vice President for Human Resources Jason Marion explained that JMH Premium sells their ingredients to other companies who further process the foods for eventual sale to consumers.
“They recently acquired the brand Chef Myron’s which is featured up in the Northeast,” Marion said. Chef Myron Becker is well known for his Asian fusion sauces.
“We are looking at opportunities that we may have to strengthen that Myron’s brand into retail space,” Marion said.
“JMH Premium is a growth-oriented manufacturer of high-quality food ingredients that will augment Southeastern Mills’ business-to-business foods segment,” SEM President Peter Hjort in a press release. “We look forward to JMH Premium joining the Southeastern Mills family and continuing to build on the strength and success that both companies have enjoyed in the past.”
In the same press statement, JMH Premium President Kevin Dulin said their products fit hand in glove with SEM’s products.
Southeastern Mills is a fourth-generation family-owned business in Rome that has expanded from it’s traditional base of products into a multi-faceted food business through a number of acquisitions over the past 13 years.
SEM acquired the Shore Lunch brand and launched a variety of dry soup mixes under that brand in 2006.
In 2009, SEM acquired Superior Quality Foods which brought the Rome company the Better Than Boullon brand and the Crockery Gourmet brand. In 2015, SEM purchased the Louisiana Hot Sauce brand.
BDT & Company, a merchant bank and long-standing financial adviser to the Southeastern Mills family, help arrange the details of the transaction.