Canada’s Romana Food Brands is making a foray into the food-processing market with the acquisition of Pasta Romana.
Founded in 1996, Montreal-based Pasta Romana makes fresh pasta, Italian sauces and pesto under its own name and private label, as well as gluten-free products. It supplies major food outlets such as Costco, Loblaw, Metro and Sobeys.
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Oakville, Ontario-based Romana Food Brands, which was previously Blackbird International, did not disclose the financial terms of the deal in a statement on Monday (27 November).
Canada’s food and beverage processing industry was worth more than CAD105bn (US$81.7bn) in 2014, employing around 246,000 people, according to figures quoted in the statement from Agriculture and Agri-Food Canada.
Romana Food Brands president John Pedder said the privately-owned company is “very pleased to be moving forward in this industry”.
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“With proven expertise in product development and retail understanding, management has effectively stayed on top of the trends, incorporating cutting-edge equipment and attentiveness to the needs of its growing client base,” Pedder commented on Pasta Romana.
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