MBC Companies Acquires Nardone Bros.
The move adds pizza to MBC's expanding foodservice and private label frozen foods portfolio
MBC Companies (MBC), a diversified frozen breakfast company, announced the acquisition of Nardone Brothers Baking Co. (Nardone), a leading manufacturer of frozen pizza products serving the K-12, private label retail, and broader foodservice channels. Combining the two companies meaningfully expands MBC’s product portfolio beyond the breakfast daypart, adding lunch, dinner, and late-night dining. The acquisition also adds production capacity, opportunities for greater product innovation, and sharing of best practices that will benefit all MBC and Nardone customers.
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Headquartered in McDonald, Tenn., MBC is a manufacturer & distributor of frozen breakfast products specializing in French toast sticks, waffles, pancakes, breakfast sandwiches, and an array of other baked goods. MBC serves diverse end markets, including K-12 schools, private label retail, convenience stores, and quick-serve restaurants. MBC currently operates two production facilities in Lebanon, Penn. Adding the nearby Nardone facility increases its manufacturing footprint to three locations.
Nardone Brothers Baking Co., founded in 1942, is a frozen pizza manufacturer based in Wilkes-Barre, Pennsylvania. A third-generation family business, current key leaders include Vincent, Mario and Thomas Nardone. The company produces a broad range of pizza products at its modern 152,000sq-ft facility. Employing over 400 people, Nardone primarily serves school lunch programs, private label retail, and convenience stores across North America. Its product portfolio includes multi-serve round pizzas, stuffed crust, self-rising crust, French bread pizzas, breakfast pizzas, and more.
MBC and Nardone participate in attractive frozen food categories, supported by strong tailwinds from rising consumer demand for convenient, high-quality, and innovative products. Analysts project the $2.3B frozen breakfast category to grow at a 7.4% CAGR through 2030 and the $23.6B frozen pizza category to grow at a 8.1% CAGR during the same period.
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