Kettle Cuisine Acquires Del Monaco Foods
This transaction represents the second acquisition completed by Kettle Cuisine since being acquired by Kainos Capital in August 2015.
Kettle Cuisine, producer of refrigerated and frozen all natural soups, has acquired Del Monaco Foods, a privately held custom food manufacturing company based in Morgan Hill, Calif..
Del Monaco Foods is employed by companies for outsourced, private label, contract manufacturing of soups, sauces and other specialty items. This transaction represents the second acquisition completed by Kettle Cuisine since being acquired by Kainos Capital in August 2015.
"We are very pleased and excited about the future growth and development possibilities for our Team Members and Business Partners that this partnership will bring us," says Vic and Tony Del Monaco. "We believe that Liam McClennon, our new CEO, shares our passion for the food industry and epitomizes the executive leadership we need to lead us collectively toward the founding vision of Del Monaco Foods to be the most trusted food company in the world."
Kettle Cuisine has two SQF Level 3 certified facilities in Lynn, Massachusetts and Morgan Hill, California. This national platform enhances the company's capabilities to national, retail and food service customers, company officials say.
"Del Monaco Foods is an impressive business. Vic Del Monaco and Tony Del Monaco have done a fantastic job of building a solid and successful team that has resulted in growth year after year since its founding," says Liam McClennon, CEO. We're excited to merge Del Monaco Foods with Kettle Cuisine and offer a truly national fresh soup program. Our commitment to shared values of service, food safety, quality and innovation align us for further growth and continued success in providing our customers with best in class products."
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