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New Deal


Announced

Philadelphia Macaroni to acquire A. Zerega’s Sons.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Food Products

Friendly

pasta

Acquisition

Single Bidder

Majority

Pending

pasta products

dry pasta

United States

foodservice

Private

Synopsis

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Philadelphia Macaroni Company, a producer of dry and frozen pasta, agreed to acquire A. Zerega’s Sons, manufacturer of dry pasta for the foodservice, industrial ingredient and retail channels. Financial terms were not disclosed. “Zerega’s wide variety of pasta offerings further enhances Philadelphia Macaroni’s product portfolio and provides an immediate, meaningful presence in the foodservice channel. We believe the combination of these two well-respected pasta companies will provide expanded opportunities for both our customers and employee team members,” Ed Irion, Philadelphia Macaroni CEO.

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