It also includes Winter Fancy Food Show news and Sin City Specialties, profiles of some new food destinations in the Shows host city of Las Vegas. Other Miscellaneous Retailers Architectural, Engineering, and Related Services Scientific Research and Development Services Support Activities for Crop Production Grain and Oilseed Milling Fruit and Vegetable Preserving and Specialty Food Manufacturing Other Food Manufacturing Animal Food Manufacturing Warehouse Clubs, Supercenters, and Other General Merchandise Retailers American Roland Food Corp. introduces new quinoa products. Financing for the transaction was provided by BMO Capital Markets and GE Capital Markets. Evercore Partners served as financial advisor to American Roland Food Corp. and McDermott Will & Emery LLP served as legal advisor. Terms were not disclosed. supplies chefs and bakers with a wide range of specialty products, including cake and other bakery mixes; chocolate, cocoa and cocoa butter; nuts, nut flours, nut . Founded in Paris in 1934 and established in the U.S. in 1939, Roland Foods has provided customers with exceptional specialty foods, under the Roland brand as well as the Don Bruno, Chef Susannas, Costamar, and Consul brands. Our History. This is Roland Foods' 1st transaction in the United States. . has acquired Albert Uster Imports, an importer of specialty pastry, baking and confectionery ingredients and supplies. California Vineyard Fined Over Labor Law Violations. U.S. consumers in 2022 were nothing if not channel surfers. Rapper Sues Spirits Giant Over Vodka, Tequila Brands. Roland Foods - Crunchbase Company Profile & Funding Roland Foods has acquired AUI Fine Foods (Albert Uster Imports) on Jan 10, 2019. Terms were not disclosed. By the 1990s it had expanded to a warehouse that was more than double the size of the original and began exporting to other parts of the world. Subscribe. A.U.I. Get the latest business insights from Dun & Bradstreet. Vestar was founded in 1988 by seven investment advisors formerly working for The First Boston Corporations Management Buyout Group. The rest of Roland Foods' management staff will remain in place, with the company to name a new CEO in the coming year. 71 West 23rd Street, Sign up to get The Gazette - Roland Foods insider guide on food trends, hot recipes, seasonal selections, and more. Established in 1934, Roland Foods is an importer of specialty food products with more than 1,500 stock-keeping units the company supplies to food service, retail and industrial customers in North America and globally. Carol Makovich Terms of the transaction were not disclosed. Home / As the company has grown over the years, weve continued to prioritize the Scheidts founding principle: to create and sustain relationships with families and producers around the globe. GREEN LANES FOODS S A Company Profile - Dun & Bradstreet The company has a national presence in the foodservice, retail, and industrial channels as well as international sales in the Caribbean, Central and South America, Asia, Africa, and the Middle East. Romeros improperly designated 26 delivery drivers as independent contractors. In 2006 the company added a massive warehouse with capacity for 1.4 million cases and state-of-the-art inventory control to keep track of products. 2000-2010s. "This acquisition doubles Roland Foods' portfolio of unique, hard-to-source specialty products, increases our presence in the growing pastry and confections product lines, and offers us entry into the frozen and refrigerated categories. Roland Foods | Deli Market News Quality Ingredients and Services Since 1934. (845) 507-0571 The resources and expertise that A.U.I. Roland Foods expanded into China, the U.A.E. Roland Foods expects a seamless transition for the suppliers, vendors, and customers, with continuity, stability, and growth being top priorities. In September, Keith Doughtery was appointed CEO of Roland Foods. from 8 AM - 9 PM ET. The latest from Winsight Grocery Business, sent straight to your inbox. Often used in Asian-style curries, it is also a popular vegetarian substitute in chilis, tacos, stir fries, and sandwiches. Our Products | Roland Foods The company anticipates that a new CEO will be named in the coming year. Steeped in the founders vision and values, the updated corporate image represents the innovative and future opportunities for Roland Foods. Roland Foods continued to forge relationships with suppliers and expand its product catalogue offering to over 1,500 products. An investigation uncovered violations of programs for migrant and seasonal workers. Credit: Deva Williamson on Unsplash. (800) 221-4030 Terms of use | Privacy Policy | Social Media Licensing Agreement | Transparency Statement | California Privacy Policy | Cookie Policy. The Company's most targeted sectors include distribution (100%).. Join Mergr and gain access to Roland Foods' M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the food sector. 10010 Sign up to get The Gazette - Roland Foods insider guide on food trends, hot recipes, seasonal selections, and more. From the 1940s through the 60s, Bruno traveled the world looking for new products while Suzanne handled the billing and bookkeeping. Roland Foods family of companies includes Bruno Scheidt, Inc., American Roland Food Corp., Pro Warehouse Corp., and Costamar Corp. Charles Scheidt, president and CEO of the Roland Foods family of companies, has been appointed CEO of Roland Foods under the new ownership. Recently Acquired United States Companies, M&A research that takes seconds (not all afternoon), Better understand your customers and prospects. Roland Foods, founded in 1934, is a leading importer of specialty food products, providing more than 1,500 globally sourced SKUs to North American and international foodservice, retail, and industrial customers. Roland Foods, as the company is known in the industry, is one of the largest specialty food importing businesses with more than 1,700 SKUs for retail and foodservice from 50 countries, coming . AUI Fine Foods, Acquired by Roland Foods, LLC on January "However, there is little product overlap and each company brings complementary products and services to the combination. and Roland Foods have much in common as global leaders in the imported specialty foods niche, said Philipp Braun, c.e.o. Specialty food importer American Roland Food Corp. reports today that its major shares have been sold to private equity firm Vestar Capital Partners. Acquisitions. The companys first headquarters was a one-room office in downtown Manhattan with two wooden desks facing each other. Terms of the transaction were not disclosed. By Daily Record Staff // January 10, 2019 Roland Foods LLC, a portfolio company of Vestar Capital Partners, closed the acquisition of Gaithersburg-based Albert Uster Imports Inc., officials. NEW YORK Roland Foods, L.L.C. In addition, members of SFAs 12 Under 35: Breakout Talent to Watch list share their biggest concerns as they start the new year. My parents started Roland Foods in the U.S. nearly 75 years ago, and the company has grown consistently over the years with the help of our valued customers, suppliers, and staff, said Charles E. Scheidt, a member of the companys founding family and CEO of Roland Foods. Roland Foods is a great company with a unique niche and superb reputation in the industry, and an exceptional initial investment for our new Vestar VI fund, said Dan OConnell,founder and CEO of Vestar. The deal will add roasting, grinding, flavoring and blending capabilities to TreeHouse's portfolio. Roland Foods has acquired in 1 US state. Roland Foods, LLC Acquires Albert Uster Imports, Inc. www.rolandfoods.com. Roland Foods has been a portfolio company of Vestar since 2013. Roland Foods - Funding, Financials, Valuation & Investors - Crunchbase January 6/New York/Press Release -- James Wagner has joined Roland Foods Corp. as chief executive officer, effective immediately. Read more at Specialtyfood.com The move comes amid cutbacks in the brewing giants craft segment. In addition, members of SFAs 12 Under 35: Breakout Talent to Watch list share their biggest concerns as they start the new year. The Roland brand is synonymous with quality for the consumer and chef alike. Roland Foods Acquires Albert Uster Imports; Roland Foods' Chris Della Rocca Discusses Latest Releases ; Mandy Levenberg with Roland Foods Announces a Brand Re-Fresh and More Jan 11, 2019. American Roland Food Corp. and Vestar Capital Partners announced that Vestar Capital Partners VI, L.P. has signed a definitive agreement to acquire a majority interest in the Roland Foods family of companies, including Bruno Scheidt Inc., American Roland Food Corp., Pro Warehouse Corp., and Costamar Corp. In January, Roland Foods closed the acquisition of Albert Uster Imports ("AUI"). Often used in Asian-style curries, it is also a popular vegetarian substitute in chilis, tacos, stir fries, and sandwiches. Roland Foods was founded in France in 1934 by German couple Bruno and Suzanne Scheidt and relocated to the U.S. six years later. Acquiring Organization: Roland Foods Roland Foods specializes in importing high-quality specialty food products from more than 50 countries. Number 8860726. Lines and paragraphs break automatically. Roland Foods has acquired 1 company of its own, including 1 in the last 5 years. Based in Gaithersburg, Maryland, Albert Uster Imports has been a leading importer of specialty pastry, bakery and confectionery products for 50 years. In 2016, Roland Foods Creative and Marketing team won six Graphic Design USA Awards for marketing collateral and packaging. All rights reserved. Terms of the transaction were not disclosed. Based in Gaithersburg, Md., and in business for more than 50 years, A.U.I. Jackfruit is a tropical fruit native to India and Southeast Asia. Founded in Paris in 1934 and established in the U.S. in 1939, the Company provides customers with exceptional specialty foods, primarily offered under the Roland brand. This is Roland Foods' 1st transaction in the Distribution sector. Startup Winemaker Restores a Historic Manufacturing Hub. Foodservice Browse Products by Cuisine Type Asian Caribbean French Global Pantry Indian Italian Latin American Mediterranean Middle Eastern Non-Food Other European Regional American Featured Discover Our Young Green Jackfruit Jackfruit is a tropical fruit native to India and Southeast Asia. All titles, content, trademarks, artwork, and associated imagery are trademarks and/or copyright material of Roland Foods, LLC. Roland Foods acquires Albert Uster Imports - Baking Business Tuned into a widening lineup of local retailers offering fresh food, consumers were willing to shop around and try new retailer categories as they sought to ease the pinch of grocery inflation, which stood at 11.8% in December. NEW YORK, Jan. 10, 2019 (PRNewswire) Roland Foods, LLC, a portfolio company of Vestar Capital Partners, has closed the acquisition of Albert Uster Imports, Inc. ("AUI"). We use cookies to provide you with a better experience. The company has a national presence in the foodservice, retail, and industrial channels as well as international sales in the Caribbean, Central and South America, Asia, Africa, and the Middle East. In this video podcast, two industry experts share approaches to solve workforce and operational issues. Since its founding in 1988, Vestar funds have completed more than 80 investments in companies as well as more than 200 add-on acquisitions with a total value of approximately $50 billion. The Roland brand is synonymous with quality for the consumer and chef alike. Informa Markets, a trading division of Informa PLC. Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone. Do not sell my personal infoPrivacy PolicyContact UsRSS, Vestar Capital Partners Acquires Majority Interest in Roland Foods, Crime & Safety: When Prevention Isn't Enough, How to win in fresh in 2023: Forget one-size-fits-all. digital edition. NEW YORK, NEW YORK - August 26, 2013 - American Roland Food Corp. ("Roland Foods") and Vestar Capital Partners ("Vestar") today announced that Vestar Capital Partners VI, L.P. has signed a definitive agreement to acquire a majority interest in the Roland Foods family of companies, including Bruno Scheidt, Inc., American Roland Food Corp., Pro Warehouse Corp., and Costamar Corp . My parents started Roland Foods in the U.S. nearly 75 years ago, and the company has grown consistently over the years with the help of our valued customers, suppliers, and staff, said Charles E. Scheidt, a member of the companys founding family and CEO of Roland Foods. Vestar Capital Partners Acquires Majority Interest in Roland Foods NEW YORK, Jan. 10, 2019 /PRNewswire/ -- Roland Foods, LLC ("Roland Foods"), a portfolio company of Vestar Capital Partners, has closed the acquisition of Albert Uster Imports, Inc. ("AUI"). Oatly Launches Plant-Based Cream Cheese in U.S. Scheidt will remain chairman. Sources: The Global Table," Specialty Food Magazine. Harvest Partners recaps and invests in PE-owned Roland Foods ROST FOODS SP Z O O Company Profile - Dun & Bradstreet The management team and staff will remain in place. The companys products are sold principally under the Roland brand. Harvest Partners has injected $125 million into Vestar Capital Partners-backed Roland Foods LLC, according to a news release. California Food Manufacturer to Pay $650K for Misclassifying its Drivers. Since Vestars founding in 1988, Vestar funds have completed 70 investments in companies with a total value of more than $40 billion. Sign up to receive texts from Winsight Grocery Business. The transaction is expected to close by the end of September. Roland Foods - The World at Your Table. Roland Foods has acquired Albert Uster Imports, Inc., a leading importer of specialty pastry, bakery, and confectionary products for professional chefs and bakers. NEW YORK Roland Foods, L.L.C. Roland Foods' dedication to providing quality and consistency has made it a leader among food importers and suppliers. Take 2Inside Organic Summit: Elevating Organic Awareness webinar, How the FDA's new clinical trials guidance affect supplements brands, NBJ Supplement Business Report demonstrates the law(s) of gravity, What grows in your mouth soon travels to the gut infographic, KeHE Distributors preps Innovation HQ to open in 2024, Why regenerative agriculture matters for shoppers and the planet download, I and love and you offers health-promoting meals and treats for pets with their own unique personalities and preferences snapshot, Allowed HTML tags: . In 2012, the company opened a cutting-edge Quality Assurance lab in their Dayton facility amplifying their food safety and quality assurance capabilities. Vestars legal advisor was Kirkland & Ellis LLP. [emailprotected], Jennifer Hurson Welcome to Roland Foods | Roland Foods Integrity Passion Agility Community Collaboration, Menu planning Ingredient Sourcing Fulfillment, Restaurants & Operators Manufacturers Retailers Distributors. Vestar invests and collaborates with incumbent management teams and private owners in a creative, flexible and entrepreneurial way to build long-term enterprise value. Roland Foods, founded in 1934, is a leading importer of specialty food products, providing more than 1,500 globally sourced SKUs to North American and international foodservice, retail, and industrial customers. This acquisition doubles Roland Foods portfolio of unique, hard-to-source specialty products, increases our presence in the growing pastry and confections product lines, and offers us entry into the frozen and refrigerated categories.. "The acquisition of AUI establishes Roland Foods as a leading platform within the specialty foods landscape," said James Wagner, CEO of Roland Foods. Terms were not disclosed. Roland Foods was founded in 1934 and provides more than 1,500 globally sourced SKUs to North American and international foodservice, retail, and industrial customers. Vestar appreciates and shares our values, as well as our companys single-minded focus on our brands, quality products, and exceptional and reliable customer service. Today, about 70 percent of the companys business is in foodservice, with retail comprising the rest. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. supplies chefs and bakers with a wide range of specialty products, including cake and other bakery mixes; chocolate, cocoa and cocoa butter; nuts, nut flours, nut pastes and nut fillings; flavor concentrates and extracts; frozen fruit purees, fruit fillings, candied fruits and whole fruits and freeze-dried fruits; frozen desserts and hors doeuvres; and a wide assortment of other specialty ingredients and products. He succeeds Charles E. Scheidt, a member of the company's founding family and chairman and CEO of Roland. Founded in Paris in 1934 and established in the U.S. in 1939, the Company provides customers with exceptional specialty foods, primarily offered under the Roland brand. Since then, the company has completed more than 69 transactions and manages committed capital totaling approximately $7 billion. Related:Hearthside Food Solutions to be Sold To Investment Group;Boozy Baked Goods Gain Following. December 02, 2022 | In the News Roland Foods Announces Company Rebrand and Introduces New Innovation Items Roland Foods, eighty-eight-year-old purveyor of fine ingredients, announced earlier this year the company's rebrand and renewed focus on innovation. Jackfruit is a tropical fruit native to India and Southeast Asia. The acquisition of AUI establishes Roland Foods as a leading platform within the specialty foods landscape, said James Wagner, CEO of Roland Foods. The stresses of the ongoing pandemic, coupled with mounting economic uncertainty, social unrest and more have fueled a pressure cooker for grocery and convenience store customers and their employees. Roland Foods, LLC Acquires Albert Uster Imports, Inc. The management team and staff will remain in place. Web page addresses and e-mail addresses turn into links automatically. Roland Foods was founded in France in 1934 by German couple Bruno and Suzanne Scheidt and relocated to the U.S. six years later. Roland Foods expects a seamless transition for the suppliers, vendors, and customers, with continuity, stability, and growth being top priorities. In the 1960s, son Charles Scheidt took over the helm, moving the company into foodservice and computerization. ", "AUI and Roland Foods have much in common as global leaders in the imported specialty foods niche," said Philipp Braun, CEO of AUI. Specialty food importer American Roland Food Corp. reports today that its major shares have been sold to private equity firm Vestar Capital Partners. Sign up to get PRNs top stories and curated news delivered to your inbox weekly! Join Mergr and gain access to Roland Foods M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the food sector. AUI sources products from more than 150 global suppliers, including exclusive distribution arrangements with best-in-class brands such as Felchlin, HUG, Ponthier, Laderach and PCB Creation, among others. ", "AUI and Roland Foods have much in common as global leaders in the imported specialty foods niche," said Philipp Braun, CEO of AUI. LISTEN (4:25): The historic district dates back to 1890. Subscribe to receive the latest information. and BIGR Ventures, an investment fund focused on early-stage investments in natural and organic food companies. Roland Foods Acquires Albert Uster Imports | News The company was established in Paris in 1934 and began operations in the United States five years later. (203) 622-4781 Wells Fargo Securities LLC acted as the M&A advisor to Vestar in this transaction. Owen Blicksilver Public Relations Since 1934, Roland Foods has inspired people around the world to explore their culinary passions with our portfolio of premium global ingredients. All rights reserved. Terms were not disclosed. 2023 Roland Foods, LLC. In 2013, Vestar Capital Partners acquired majority interest in Roland Foods, and appointed a new CEO in 2014. Roland Foods Mergers and Acquisitions Summary | Mergr Charlie Scheidt will continue as CEO and Chairman of the Board and will retain a meaningful investment in the company. (301) 258-7350 www.auifinefoods.com Profile Investors (1) Analytics AUI Fine Foods, Inc. is an importer of specialty pastry, bakery, and confectionary products to professional chefs and bakers. Roland Foods imports more than 1,500 products from North America, South America, Europe, North Africa, the Middle East and Asia. Vestar invests and collaborates with incumbent management teams and private owners to build long-term enterprise value, with a focus on Consumer, Healthcare, and Business Services. "This acquisition doubles Roland Foods' portfolio of unique, hard-to-source specialty products, increases our presence in the growing pastry and confections product lines, and offers us entry into the frozen and refrigerated categories. Roland Foods Acquired | PitchBook Vestar Capital Partners Acquires Majority Interest in Roland Foods The Winter Fancy Food Show edition of Specialty Food features Top Food Trends for 2023 and profiles of the winners of SFAs Leadership Awards for Citizenship, Vision, Sustainability, Emerging Leader, and Outstanding Buyer. Roland Foods | Purveyors of Fine Ingredients New Hope Network is part of the Informa Markets Division of Informa PLC.
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