Schwan's to acquire pizza maker
June 1, 2017
by MEAT+POULTRY Staff
BLOOMINGTON, Minn. – Schwan’s Company, a leading provider of frozen foods, announced the company has reached an agreement to acquire Sydney, Ohio-based MaMa Rosa’s Pizza LLC from parent company HGGC, a private equity firm. Terms of the deal were not disclosed.
MaMa Rosa’s manufactures foods for the foodservice industry in addition to retail stores where products are sold under the MaMa Rosa’s and Fight’n Tomato Pizza Co. pizza brands. The company employs approximately 250 people and operates a 160,000-sq.-ft. manufacturing facility in Sydney.
“We are extremely excited to have MaMa Rosa’s join the Schwan’s family of businesses based on their reputation in our industry for delivering great quality and service,” said CEO Dimitrios Smyrnios. “This acquisition will be mutually beneficial. For Schwan’s, this acquisition demonstrates our commitment to the US pizza market and gives us an opportunity to immediately expand our pizza business. MaMa Rosa’s will become part of a world-class team that makes high-quality frozen foods for food-service, home delivery and retail outlets.”
Palo Alto, California-based HGGC was co-founded by former National Football League quarterback Steve Young.