Seviroli Foods Acquires a Portfolio of Italian Food Products from Ajinomoto Foods North America
Seviroli Foods LLC (“Seviroli”), a portfolio company of Mill Point Capital LLC (“Mill Point”) and a leading manufacturer of frozen pasta and other food products and importer of specialty foods, announced that it has acquired a portfolio of Italian food products (including the related intellectual property and equipment) (the “Business”) from Ajinomoto Foods North America, Inc. (“Ajinomoto”).
- Seviroli Foods LLC (“Seviroli”), a portfolio company of Mill Point Capital LLC (“Mill Point”) and a leading manufacturer of frozen pasta and other food products and importer of specialty foods, announced that it has acquired a portfolio of Italian food products (including the related intellectual property and equipment) (the “Business”) from Ajinomoto Foods North America, Inc. (“Ajinomoto”).
- The Business is comprised of specialty Italian frozen pasta products, including ravioli, tortellini, rolled pastas and other Italian foods.
- “The addition of Ajinomoto’s portfolio brands of Italian food products accelerates our long-term growth trajectory and strategic vision for our company.
- Seviroli is well positioned to continue its growth story and capitalize on the opportunities ahead,” commented Aileen Wang, Principal of Mill Point.