Consolidated Investment Group (CIG) has announced the acquisition of the assets of Blackwood, New Jersey-based Sicilian Chef’s Inc. The group notes it will continue the production of frozen Italian pastas and specialties including ravioli, manicotti, and lasagna under the new company name, Caesar’s Pasta, LLC.
Caesar’s Pasta is a North American manufacturer with sales and distribution networks throughout the U.S. and Canada, and its products can be found at Whole Foods, Wegmans, and various additional natural food markets.
“The addition of Caesar’s Pasta to the CIG portfolio provides us with an opportunity to pursue the better-for-you market trends through gluten free and organic foods,” says Ben Levy, private equity manager at CIG, who led the team ensuring a smoothly completed transaction.
Founded in 2003, CIG manages a diverse portfolio valued in excess of $2 billion. Since its launch, the entrepreneurial investment company has actively pursued investments in private equity, capital markets, and real estate both domestically and internationally through direct investments, operating partners, and opportunistic funds.
Rob Nelson, vice president of private equity with CIG adds, “We are excited to bring together CIG’s knowledge and industry expertise with the high-quality, authentic products offered by Caesar’s Pasta. We welcome our new colleagues at Caesar’s Pasta to the growing CIG family, and we look forward to helping them build this company into the #1 brand of gluten-free and organic pastas.”