Clay County, MO – On March 18, 2025, Eric Moraczewski was appointed as the court-appointed receiver for Gladstone Food Products Company, best known for its iconic La Tiara brand. Since the appointment, the opportunity has attracted significant nationwide interest from potential buyers.
Qualified bidders are now invited to participate in a competitive auction process. Additional details, including the full marketing package, are available at:
🔗 NMBL Strategies – Gladstone Food Products Bidding Process
Upon execution of a Non-Disclosure Agreement (NDA), qualified parties will gain access to key materials, including:
- Equipment inventory
- Previous year’s tax returns
- Financial statements
- And more confidential information
Corporate assets available for acquisition include:
- Production facility and building
- Manufacturing equipment
- Intellectual property
- Trade-secret recipe
- Experienced operational leadership open to remaining with the business
Auction Timeline & Key Details:
- Minimum opening bid: $6 million
- Stalking Horse Deadline: 5:00 PM CST on April 11, 2025
- Bid Submission Deadline (Sealed Bids Due): 5:00 PM CST on May 15, 2025
- Live final auction for top 3 bidders: 1:00 PM CST on May 19, 2025
- Deposit Requirement: A $150,000 deposit is required for participation (due upon court approval)
- Proof of Funds: All bidders must submit proof of financial capability with their bids
- Court Approval: Sale and Sale Procedures are subject to final court approval
This is a Receiver’s Sale, and the membership interests or assets will be sold “as-is, where-is” with no representations or warranties.
To request an NDA, schedule a call with the receiver, or arrange a facility tour, please contact:
📧 info@nmblstrategies.com