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Froneri plans to inject capital in the venture to “strengthen the financial structure of the business”.
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Poultry volumes to Saudi Arabia from Brazil will also double under new terms with the Saudi Agricultural and Livestock Investment Company.
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Workers at the Stoughton site in Wisconsin have secured a 19% pay increase.
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The move is expected to create 25 new jobs and support the production and packaging of jumbo shell pasta.
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Brase will replace Sean Connolly as president and CEO in June.
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The New Zealand business has cut its full-year outlook for sales and margins, warning net profit could also be pressured.
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The main changes concern recommended quantities, with legumes moving to the forefront.
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Fornaio del Casale and the three newly acquired businesses will be brought together under a new entity, Equipe Del Casale Group.
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