Seviroli Foods, a US manufacturer, has acquired fellow pasta maker Mama Rosie’s for an undisclosed sum.
New York State-based Seviroli, which manufactures frozen-filled pasta, as well as sauces and Italian desserts, has taken over Boston area-headquartered Mama Rosie’s, which also makes frozen pasta products.
Seviroli said the deal “creates a stronger enterprise with enhanced scale, a robust product portfolio and a diversified customer base”.
It added: “The combined resources and capabilities of Seviroli and Mama Rosie’s provide a significant opportunity for the platform to scale organically and accelerate growth.”
Mama Rosie’s, founded in 1976, is a second-generation family-owned business that sells its products primarily in the north east of the US. It is said to have “long-standing customer relationships in the grocery/retail channel”.
Post-deal, Nick Sardo, CEO and owner of the business, will be retained in a senior advisor capacity.
Paul Vertullo, Seviroli’s CEO, said: “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.”
Sardo said: “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.”
Seviroli, which has been family-owned and operated since its founding in 1960, sells its products via retailers, including Walmart and Lidl, club stores such as Costco and into the foodservice channel.
It operates out of three manufacturing facilities in the New York metropolitan area.
Seviroli is backed by investment firms including Mill Point Capital Partners.
