GARDEN CITY, NY – Seviroli Foods Inc. announced an asset purchase of D’Orazio Foods Inc. Terms of the deal were not disclosed.
Seviroli Foods specializes in artisan-style pastas and sauces and is a leading producer of frozen tortellini. D’Orazio produces frozen shells, crepe manicotti, stuffed rigatoni and other frozen Italian foods.
Seviroli said the acquisition represents a key portion of the company’s strategic plan to expand its market share as consolidation in frozen pasta manufacturing segment continues. The D’Orazio organization will be folded into Seviroli Foods, preserving long-honored family traditions and cultures important to both companies.
“Both launched in the 1960s, the combination of these two venerable businesses will further increase the overall capacity to meet customers’ needs,” Seviroli said in a statement.