Key changes are happening for a beloved brand 100 years in the making. It was recently announced that roasted pepper manufacturer Mancini Foods has been acquired in its entirety by family member Alan Mancini and his wife, Debbi Mancini, forming a new company called Mancini Foods, LLC.
“We’re truly honored to take the helm of this cherished brand as it begins a new century of excellence and innovation,” said Alan Mancini, a third-generation family member who has immediately assumed the title of President and Chief Executive Officer of Mancini Foods, LLC. “While we remain forever mindful of our distinguished past, our focus is on leading Mancini Foods into a bright and prosperous future and we look forward to implementing many bold new changes and introducing many exciting new products over the months and years ahead.”
Before acquiring Mancini Foods, Mancini was the past President of the company, having worked at Mancini Packing from 1996 to 2008. Purchase terms for the acquisition were not disclosed.
According to a press release, the new company has been recapitalized and an experienced management team with extensive knowledge of the food industry and other related businesses has already been assembled. Alan and Debbi Mancini are poised to implement a multi-faceted corporate expansion in 2023, with several priorities noted for the next 12 months and beyond:
This acquisition comes at a key milestone as the company has recently reached its 100-year anniversary.
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