PISCATAWAY, N.J.--(BUSINESS WIRE)--Ferraro Foods, a leading distributor of Italian specialty food products, is excited to announce the acquisition of Botticelli Food Service, the distribution arm of Botticelli Foods, a family-owned importer of high-quality Italian ingredients. The deal further solidifies Ferraro Foods’ leadership in supplying pizzerias and restaurants across the tri-state area, particularly in Long Island, a crucial market for the company.
With this acquisition, Ferraro Foods also adds hundreds of new customers to its expanding client roster, enhancing its reach and ability to deliver top-tier service and an expanded product portfolio to pizzerias and restaurants across the “pizza power region” of New York, New Jersey and Connecticut. The transaction includes the conveyance to Ferraro of Rudy & Son, a Queens, N.Y. food distribution business acquired by Botticelli earlier this year.
“Botticelli Food Service and their loyal customer base are a perfect fit for what we do at Ferraro Foods,” said Dan Hill, CEO of Ferraro Foods. “Like Botticelli, we maintain a family business culture that is totally focused on providing outstanding service and the highest quality products. By consolidating resources such as fleet, warehouse and sales processes, we will deliver even more value to Botticelli and Ferraro customers.”
Botticelli Food Service operations are based only ten minutes from Ferraro’s recently expanded flagship distribution center in Long Island and will be consolidated there, enabling Ferraro to leverage its new capacity and provide enhanced service to both existing and new clients.
“As a strategic business decision, this deal is a home run for Ferraro,” Hill continued. “We are adding hundreds of customers in a region where we’ve been growing rapidly. Botticelli’s solid fundamentals and stable customer base make this an excellent addition to our portfolio.”
Divestiture of Casa Foods Division
In a strategic move concurrent with the Botticelli acquisition, Ferraro Foods is also announcing the sale of its Casa Foods division in Upstate New York back to legacy owners, the Fornino family. This sale represents a purposeful shift in Ferraro’s strategy as the company seeks to optimize its distribution footprint within its priority markets.
“Ferraro’s growth strategy requires us to concentrate resources in other areas, redirecting assets to support our long-term objectives,” said Hill. “Both deals announced today make Ferraro a nimbler company and better positioned to quickly expand in proven markets where we see additional opportunities.”
The Fornino family will assume ownership of the Casa Foods facility in Utica and retain its more than 80 employees, and its local customers. Ferraro is committed to ensuring a smooth transition with no impact on the business operations of either company.
Ferraro Foods
Headquartered in New Jersey since our founding as a family business nearly 50 years ago, Ferraro Foods is America’s leading distributor of specialty Italian foods and foodservice supplies to pizzerias and Italian restaurants. With a concentration in the critical pizza markets of the Northeast and customers spanning 26 states serviced by distribution divisions in Long Island, Connecticut, Maryland, North Carolina, Florida and Indiana, Ferraro Foods now boasts annual sales revenue of exceeding $1.3 billion. Working every day to earn and build trusted relationships by delivering an unrivaled menu of authentic, top-quality offerings, unmatched specialized category expertise and consistently exceptional value and service, Ferraro Foods is pizza.
