Schwan’s Sold to South Korean Firm in $1.8 Billion Deal

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I am SHOCKED! Maybe because Schwan’s is an old time favorite of mine being from southwestern Minnesota, Windom, which is near Marshall the headquarters for Schwan’s. I still see the Schwan trucks roam the streets of Albuquerque….click on the headline below for more..who would have ever though that Schwan’s would be sold??????

SCHWAN’S SOLD TO S. KOREAN FIRM IN $1.8B DEAL

Schwan's CEO Dimitrios Smyrnios, shown in 2017, will continue to lead Schwan's day-to-day operations.
5:10AM
The Schwan family, descendants of founder Marvin Schwan who started the company in Marshall, Minn., in 1952, will still have 20 percent, and own and run home delivery service.

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