We're General Growth LLC, a wholly owned merchant banking subsidiary of Runge Industries, LP whose mission is to grow companies regionally, nationally and internationally in specific segments.
A few examples should demonstrate the point of our ownership interests:
In 1970, Farm House Foods Corporation, acquired a wholesale grocery business with sales of $11 million, serving the Midwest. By acquiring strategically placed wholesalers, it grew to $1.6 billion in annual sales.
Casablance Fan Company was a privately owned business selling ceiling fans in just three states in the U.S. It achieved national and international distribution by 1988 ( rated #1 in the U. S. in its market niche) becoming an American Stock Exchange listed company.
In the early 1990's Diana Corp, a NYSE company, acquired two companies in the telecommunications industry - one in distribution and the other in the maintenance and installation of telecommunications systems for major U. S. companies. In addition, Diana diversified by adding a company that manufactured and distributed central office switching equipment.
| Industry | Entities | Achievement |
|---|---|---|
| Wholesale Drug Distribution | One | Sales To $60,000,000 |
| General Merchandise Wholesaling | One | Sales To $50,000,000 |
| Fast Food Wholesale Dostribution | One | Sales To $150,000,000 |
| Food Service Wholesale Distribution | One | Sales To $80,000,000 |
| Candy and Tobacco Wholesaling | Six | Sales To $100,000,000 |
| Meat and Seafood Wholesaling | One | Sales To $160,000,000 |
| Seafood Importers | Two | Sales To $250,000,000 |
| Premium Waters | One | Sales To $5,000,000 |
| Bakeries | Two | Sales To $30,000,000 |
| Retailing | Ten | Sales To $400,000,000 |
| Manufacturing | Six | Sales To $300,000,000 |
| Telecommunications | Three | Sales To $40,000,000 |
Come grow with us. General Growth LLC, the name behind the money.
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