Great Kitchens Food Company Comes Under Rich Products’ Ownership

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Rich Products is aiming to “drive semipermanent maturation successful nan pizza category” pinch nan acquisition of Illinois-based Great Kitchens Food Company.

Family-owned Rich Products has bought nan pizza shaper from private-equity patient Brynwood Partners for an undisclosed sum.

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Great Kitchens operates retired of 3 manufacturing accommodation – 2 successful Illinois located successful Romeoville and Chicago Heights, and a 3rd successful Brockton, Massachusetts. All of its 1,000 workers will transportation to nan caller owners.

As good arsenic ready-to-bake branded topped pizzas, Great Kitchens is besides coming successful backstage label.

Kevin Spratt, Rich Products’ president for nan US and Canada, said successful a statement: “We’re ever looking for caller ways to heighten our pizza capabilities and this move is simply a game-changer for nan industry.

“When you harvester Great Kitchens’ activity successful afloat topped pizzas pinch our spot successful crust and dough, you get a one-stop pizza partner pinch an unmatched breadth of expertise that will let america to accelerate growth, thrust greater invention and present unsocial and chopped worth to our customers.”

Great Kitchens expanded successful 2023 pinch nan acquisition of Uno Foods Division from Uno Restaurant Holdings Corp. It owns nan Pizzeria Uno Chicago concatenation and unit pizza marque but besides sells its products, which see flatbreads, strombolis and calzones, into grocers, foodservice, nine stores and online.

In a abstracted statement, Brynwood Partners said it formed Great Kitchens successful 2020 erstwhile nan investor acquired nan take-and-bake pizza and flatbread business successful North America from nan Swiss bakery group Aryzta.

Henk Hartong, nan president and CEO of Brynwood Partners, said: “We are pleased to denote nan divestiture of Great Kitchens Food Company to Rich’s and are grateful to each nan labor for their dedication to nan business.

“Our labor and guidance squad successful our 3 factories worked tirelessly to turn and amended nan Great Kitchens business during our ownership period.”

Meanwhile, Admir Basic, president and CEO of Great Kitchens, said nan caller owners will “bring nan size and standard required for america to unlock caller opportunities”.

He added: “By merging our unsocial strengths, we person a immense opportunity to accelerate invention and raise nan barroom crossed nan industry.”

Outside nan US, Rich Products invested successful nan UK cookie-dough business Doughlicious past twelvemonth done its venture-capital arm.

Brynwood Partners, meanwhile, acquired nan Chef Boyardee pasta business from Conagra Brands past twelvemonth done its portfolio institution Hometown Food.