Chicago, IL – LaSalle Capital Group, L.P. (“LaSalle”) is pleased to announce
that its portfolio company Violet Packing, LLC (“Violet”) has completed
the sale of its tomato products division, including all of the assets of
its Williamstown, NJ tomato processing facility, to B&G Foods, Inc.
(NYSE: BGS).
Violet retains its dough and baked goods division based in Utica, New York
and will operate under the name DeIorio Foods.
Rob Ragusa, CEO of Violet, commented, “With its history of growing premium-
quality food brands in both retail and foodservice, we feel that B&G
will be an excellent owner for Violet’s tomato business, including the Don
Pepino and Sclafani brands.”
Mr. Ragusa continued, “We have a number of significant growth opportunities
underway at DeIorio and are excited about expanding our premium
dough, baked goods and gluten free platforms.”
If you have questions regarding this transaction or would like to discuss
other opportunities in the food industry, please contact either Brian Carey or
Jeff Walters at LaSalle Capital Group.
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