Seviroli Foods, Inc. announces asset purchase of D'Orazio Foods, Inc.
For immediate release
February 3, 2016- Garden City, NY and Bellmawr, NJ - Seviroli Foods, Inc., creator of artisan filled pasta and sauces and the world's largest frozen tortellini manufacturer, is excited to announce an asset purchase of D'Orazio Foods, Inc, also a purveyor of frozen Italian fare, such as shells, crepe manicotti, stuffed rigatoni and Italian pastries.
The frozen pasta business is positioned for consolidation among manufacturers. This acquisition represents a key portion of Seviroli Foods' strategic plan in expanding its market share. The D'Orazio organization will be folded into the Seviroli Foods organization, preserving the long-honored family traditions and cultures important to both companies. Both launched in the 1960's, the combination of these-two venerable businesses will further increase the overall capacity to meet customers' needs.
Joseph Seviroli, Chief Executive Officer of Seviroli Foods, stated, "The acquisition further strengthens the manufacturing capabilities and customer base of Seviroli Foods."
For further information, please contact Mr. Joseph Seviroli, JR. President, CEO, Seviroli Foods Inc. or Mr. Paul Vertullo, COO, Seviroli Foods, Inc.