US-based MBC Companies, a manufacturer of frozen breakfast products, has added pizza to its portfolio with the acquisition of Nardone Brothers Baking Co.
Combining the two companies expands MBC’s product portfolio beyond breakfast, the company in a statement.
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The financial terms of the deal were not disclosed.
“The acquisition also adds production capacity, opportunities for greater product innovation and sharing of best practices that will benefit all MBC and Nardone customers,” MBC said.
Tennessee-based MBC operates two production facilities in Lebanon, Pennsylvania. Adding the nearby Nardone factory in Wilkes-Barre increases its manufacturing footprint to three locations.
Nardone Brothers Baking Co., founded in 1942, produces a range of pizza products at its 152,000-square-foot facility.
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By GlobalDataThe company, which employs more than 400 people, supplies private-label, convenience-store and school-lunch customers in North America, channels also served by MBC.
Jeff Ahlers, chief executive of MBC, said: “Nardone is an exceptional fit for MBC, with highly complementary strengths and capabilities”.
Ahlers added the deal helps to solidify the company’s position as a “one-stop solutions provider”.
He added: “Together, the businesses now cover all dayparts, from breakfast to late-night dining. Nardone’s product portfolio and channel focus align seamlessly with MBC’s, unlocking opportunities for cross-selling across our core K-12, private label, and broader foodservice channels.
“This wider array of products brings new value to all our customers. Our combined production expertise will also drive continued innovation and growth across the platform.”
Vincent Nardone, the president of Nardone Brothers Baking Co., added: “Nardone has grown through three generations by listening to customers and making continuous strategic investments in equipment and technology.
“For the next stage in our growth, we sought out a strategic partner that shares our people-first values, understands our customers, and has the resources to build upon the legacy we have created.”
