Acquisitions and Funding

The purchase includes three key production facilities and brings the iconic Ronzoni retail pasta brand under Richardson’s umbrella, alongside private label and foodservice offerings.

This deal underscores consolidation in the better-for-you snacking space, where international players seek established brands to fuel expansion.

The partnership sets the stage for Laurieri to become a global ambassador of Italian baked goods while advancing sustainability goals.

This acquisition adds a vibrant brand that expands Hershey’s reach into new snacking occasions and younger demographics seeking tasty but mindful treats.

The acquisition involves only the facility itself; it does not include any of IFF’s commercial business, product lines, or employees.