Rich Products announces three acquisitions to expand its product portfolio
Rich Products has announced the expansion of its product portfolio with three acquisitions: Rizzuto Foods, a U.S. manufacturer of pizza dough; Morey’s Seafood International, a seafood company based in Minnesota; and two manufacturing plants from TreeHouse Foods, a manufacturer and distributor of private label breads, rolls, and cakes.
Rich Products has announced the expansion of its product portfolio with three acquisitions: Rizzuto Foods, a U.S. manufacturer of pizza dough; Morey’s Seafood International, a seafood company based in Minnesota; and two manufacturing plants from TreeHouse Foods, a manufacturer and distributor of private label breads, rolls, and cakes.
“As we enter our 75th year, we remain as committed as ever to driving value for our customers,” said Ray Burke, president and chief operating officer, Rich Products’ U.S. Canada Region. “Expanding our product portfolio, adding greater capacity, and fueling innovation are key pieces of our strategic acquisition efforts. These moves strengthen our position as a total solutions provider in today’s rapidly evolving marketplace.”
The TreeHouse Foods manufacturing plants will help to further Rich Products’ reach and offerings in both the bakery and dessert categories. Located in Lodi, Calif., and Fridley, Minn., these facilities specialize in baked artisan breads and rolls, as well as fully finished cakes for in-store retail bakeries and foodservice. More than 400 associates across the two plants will join Rich Products as part of this acquisition, which is expected to close in April.
Rizzuto Foods, based in Spokane, Wash., is best known for its high-quality pizza and flatbread products, along with gluten-free and cauliflower crusts. The strategic addition of Rizzuto Foods positions Rich Products for continued growth, greater capacity, increased innovation, and long-term success in the category.
Rich Products’ SeaPak brand is a top-selling retail brand in the U.S. frozen specialty seafood category. The acquisition of Morey’s Seafood International will help Rich Products expand its current seafood footprint and deliver more options for customers. With a state-of-the-art processing center in Motley, Minn., and a distribution facility in Plymouth, Minn., Morey’s offers a full line of high-quality fish and seafood products.
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