JPC Acquisition Co. has acquired Joseph's Pasta Company from Nestle Prepared Foods Company.
January 6/Greenwich, Conn./PRNewswire -- Brynwood Partners VII L.P. announced its newly formed portfolio company, JPC Acquisition Co., has acquired Joseph's Pasta Company from Nestle Prepared Foods Company. Nestle acquired Joseph's in 2006. Terms and conditions of the transaction were not disclosed.
The Joseph's business, headquartered in Haverhill, Mass., is a manufacturer and marketer of premium frozen stuffed pasta for the foodservice segment. Joseph's incorporates time-honored recipes and methodologies to make a wide range of superior pasta and sauces products that inspire innovation and customer loyalty. Its artisan products include stuffed cannelloni, stuffed ravioli, stuffed tortellini, gnocchi, and manicotti. Joseph's premium products are differentiated from its competitors' offerings as the company only uses the highest-quality pasta and freshest ingredients. The business employs over 300 individuals.