Seviroli Foods acquires Mama Rosie’s to solidify position in frozen pasta market

TAGS

Seviroli Foods, a portfolio company of Mill Point Capital and a manufacturer of frozen pasta and importer of specialty foods, has recently announced its acquisition of Mama Rosie’s Company. The latter is a second-generation family-owned manufacturer of frozen pasta products primarily operating in the Northeastern United States.

The merger between Seviroli and Mama Rosie’s presents a robust and diversified enterprise with a larger scale and an expanded product portfolio. This partnership provides a unique opportunity for organic scaling and growth acceleration while maintaining high product quality, safety, and innovation. Nick Sardo, the CEO and owner of Mama Rosie’s, will continue as a senior advisor in the newly integrated company. Both companies will strive for a smooth transition, minimizing disruption to customers, employees, and other stakeholders.

See also  First Lady Jill Biden tests positive for Covid-19, President Biden negative

“Nick and his management team have achieved excellent growth at Mama Rosie’s while staying true to the Company’s core focus of manufacturing high-quality pasta and maintaining outstanding customer service. Our combination with Mama Rosie’s is exciting and allows us to reinforce our commitment to delivering superior products and services to our customers and exciting ideas for this category,” said Paul Vertullo, President and CEO of Seviroli.

See also  Amwins to acquire equine and canine insurance provider Equisure

Nick Sardo added, “We are happy to be partnering with the Seviroli team and believe that both Mama Rosie’s and Seviroli share mutual foundations in consistently delivering excellent products to our customer partners. The opportunity to move forward with Paul and the rest of his team to execute upon our collective business and growth strategy is truly exciting.”

Aileen Wang, Vice President of Mill Point Capital, also stated, “Nick and the Mama Rosie’s team have done a fantastic job in establishing the Company as a leading brand in its markets. The Seviroli and Mama Rosie’s teams are eager to unlock the new growth opportunities available to the combined company. We believe the business will be well-positioned to meet the evolving needs of its customers and consumers, offering them an exceptional culinary and purchasing experience across the expanded portfolio of brands.”

CATEGORIES
TAGS
Share This