365 Holdings Relocates Cultures for Health to Ohio

Post-acquisition, 365 Holdings decided to relocate Cultures for Health from North Carolina to its Northeast Ohio facility. The move involved severances, relocation packages, and complex logistics due to live fermentation products, but was driven by upper single-digit to nearly double-digit operating profit synergies.

“So fast forward now to May, nearly June, and the last semi showed up today for the closing of that plant and its relocation. And we had to do severances, and some people have made relocation packages to move to Northeast Ohio. But post -closing, what we learned was the incredible synergies that we never modeled or predicted or planned for on the front end of the massive cost savings of relocating that business here.”

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