Last updated on March 1st, 2024 at 10:35 am
Seviroli Foods, a portfolio company of New York-based Mill Point Capital LLC, has acquired a portfolio of Italian food products (including the related intellectual property and equipment) from Ajinomoto Foods North America Inc.
The business is comprised of specialty Italian frozen pasta products, including ravioli, tortellini, rolled pastas and other Italian foods.
The acquisition expands Seviroli’s product offering, primarily in foodservice and retail end-markets, while broadening its relationships with key customers and suppliers. The business’ brands, such as Bernardi, Rotanelli’s and Mona’s, are recognized in the industry. The combined product and brand portfolio managed by Seviroli will present an opportunity to accelerate growth and augment its offerings to customers across various channels.
“The addition of Ajinomoto’s portfolio brands of Italian food products accelerates our long-term growth trajectory and strategic vision for our company. The core pillar of Seviroli is excellence in serving our customers across all food channels, and this acquisition enhances our ability to do so,” said Paul Vertullo, president and CEO of Seviroli.
Hiroshi Kaho, CEO and president of Ajinomoto, said, “The sale of our Italian frozen pasta business will allow us to shift our priority on growing our core products, such as gyozas and potstickers, for continued long-term success. This renewed focus will allow us greater flexibility in our production capabilities for our core products to better serve our customers.”
About Seviroli Foods
Seviroli is a manufacturer of frozen pasta and other food products based in Garden City, New York. Seviroli manufactures products for the foodservice, wholesale club and grocery/retail channels, offering a variety of items including ravioli, tortellini, stuffed shells, manicotti, short cut ready-to-eat pastas, meal kits and other products.
Seviroli operates out of four manufacturing facilities in New York, New Jersey and Massachusetts with the capability to serve customers nationally. It also imports specialty food products under its Vertullo brand, importing more than 150 items from 19 countries, including pasta, rice, sauces, oils, truffles and other fresh and frozen goods. Vertullo supplies products to Seviroli as well as third-party foodservice, retail and e-commerce trade customers.
Read more center store news from The Shelby Report.
