Source: LOHAS Weekly Newsletter
Published: Friday, August 01, 1997

Organic Food Products’ IPO was set to take place the week of Aug. 4-8, according to an industry source. The Morgan Hill, CA, company, formed by the merger of Organic Food Products, maker of Millina’s Finest pasta products, and Garden Valley, maker of all-natural pasta sauces, hopes to raise $7.6 million in an offering of 1.2 million shares of common stock at approximately $5 per share. Underwriters include Sentra Securities Corp. and Spelman & Co. The company recently launched a line of organic juices under the Cinagro brand, and plans include developing a line of frozen organic entrees, according to CEO Floyd Hill