August 2, 2016
LYNN — Kettle Cuisine, a producer of refrigerated and frozen soups, has purchased Del Monaco Foods, a privately-held California company, for an undisclosed price.
The acquisition makes Kettle Cuisine a coast-to-coast fresh soup producer with plants on the Lynnway and in Morgan Hill, Calif., according to a company statement. The acquisition expands Kettle Cuisine’s ability to serve retail and food service customers, they said.
Del Monaco principals Vic and Tony Del Monaco praised the acquisition.
“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,” the statement said. “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.”
Since 1998, Del Monaco has manufactured soups, sauces and other speciality items. The acquisition represents the second purchase completed by Kettle Cuisine since being acquired by Kainos Capital in 2015.