RANDOLPH, Mass. -- Centerview Partners, through its private equity business, has acquired Richelieu Foods, a producer of premium private label pizza, salad dressing and other pourable products. Financial terms of the transaction were not disclosed.
Richelieu has four facilities in the Midwestern U.S. and was previously owned by Brynwood Partners. Richelieu's management, including CEO Vincent Fantegrossi, will remain with the company.
Mr. Fantegrossi said "I am extremely excited to partner with Centerview in this transaction. Centerview's team has significant experience in the pizza and pourables categories, and I believe their involvement will help us accelerate the delivery of high-quality products at affordable prices to our retail customers and consumers."
For more information, visit www.richelieufoods.com or www.centerviewpartners.com
