US frozen pasta maker Sicilian Chefs has been sold to Consolidated Investment Group, an investment firm set up a decade ago by the co-founder of the business that launched brands including Hot Pockets.

Sicilian Chefs will be renamed Caesar’s Pasta to reflect its flagship Caesar’s brand. The family-run company, established in 1967, sells frozen pasta lines at retailers including Safeway, Wegmans and Whole Foods Market.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Ben Levy, private-equity manager at CIG, said: "The addition of Caesar's Pasta to the CIG portfolio provides us with an opportunity to pursue the better-for-you market trends through gluten free and organic foods."

CIG was set up by David Merage after he sold Chef America – the owner of brands including Hot Pockets, Lean Pockets and Croissant Pockets – to Nestle in 2002 for US$2.6bn, 27 years after co-founding the US food group.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now