US pizza manufacturer Richelieu Foods has been acquired by private-equity company Centerview Partners and members of Richelieu’s management.

The manufacturer of private-label frozen pizza, salad dressing and other pourable products was previously owned by private-equity firm Brynwood Partners, which bought the business in 2005.

Richelieu’s management, including CEO Vincent Fantegrossi, will remain with the company and they have made a “significant equity investment” in the business, a statement issued late last week read.

“Frozen pizza, dressings and sauces are categories we know well,” said Jim Kilts, Centerview’s co-founder and former CEO of Kraft USA, Nabisco and Gillette. “From the time we first learned about Richelieu, it was clear to us that the company’s innovative products and great service contributed to private label’s growth in these categories.”

The value of the deal was not disclosed.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.