Roland Meals acquires gourmand meals and substances provider

NEW YORK — Roland Meals, LLC, a portfolio company of Vestar Capital Companions, has acquired ifiGOURMET, a Gurnee, Unwell.-based importer and distributor of merchandise for the baking, pastry, confectionery and ice cream industries. Monetary phrases of the transaction weren’t disclosed.

ifiGOURMET serves higher than 1,500 in-store bakery, restaurant chain and foodservice consumers all by means of america from two distribution facilities, situated in Chicago and San Francisco.

As a part of the transaction, ifiGOURMET shall be blended with AUI Glorious Meals, Roland Meals’ candy division. Rick Brownstein, proprietor and chief authorities officer of ifiGOURMET, will follow the blended company.

“This strategic acquisition will strengthen AUI Glorious Meals’ footprint inside the very important issue Chicago and San Francisco markets and expands our candy product providing, which is able to permit us to raised serve current and new consumers nationwide,” acknowledged Keith Dougherty, CEO of Roland Meals. “We take into consideration large choices exist all through the gourmand meals and substances market as we talk, and the addition of the ifiGOURMET workers will better place Roland Meals for enchancment.”

Mr. Brownstein added, “Turning right into a member of AUI Glorious Meals and the Roland Meals’ household will present ifiGOURMET with the sources and relationships wanted to take our group to the next diploma. Roland Meals and AUI share our customized and extremely efficient dedication to purchaser assist and deeply perceive our enterprise, and we’re excited concerning the long run.”

Established in 1934, Roland Meals is an importer of specialty meals merchandise and markets higher than 2,400 stock-keeping objects to foodservice, retail and industrial consumers in North America and globally. The corporate’s merchandise are provided principally beneath the Roland model.

A middle-market non-public fairness firm based mostly in New York, Vestar’s present portfolio contains Nonni’s Meals, LLC, Easy Mills, Dr. Praeger’s and BIGR Ventures, an funding fund centered on early-stage investments in pure and pure meals corporations.

Pretty just some earlier meals associated investments included Birds Eye Meals, Inc.; Celestial Seasonings, Inc.; Fiorucci S.p.A.; Hearthside Meals Selections; and Michael Meals, Inc.