DENVER — Consolidated Investment Group (CIG), an entrepreneurial investment company that manages a diverse portfolio valued in excess of $2 billion, has acquired the assets of Sicilian Chefs, Inc. CIG said Sicilian Chefs will continue to produce frozen Italian pastas such as ravioli, lasagna and manicotti under a new company name: Caesar’s Pasta, L.L.C.
Sicilian Chefs was founded in 1967 in Blackwood, N.J. Caesar’s Pasta may be found at Acme, Safeway, Shop Rite, Whole Foods, Wegmans and many other national chains and independent natural food stores throughout the United States.
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| Ben Levy, private equity manager at CIG. |
Ben Levy, private equity manager at CIG, led the team that brought the two companies together.
“The addition of Caesar’s Pasta to the CIG portfolio provides us with an opportunity to pursue the better-for-you market trends through gluten-free and organic foods,” Mr. Levy said.
Rob Nelson, vice-president of private equity at CIG, added, “We are excited to bring together CIG’s knowledge and industry expertise with the high-quality, authentic products offered by Caesar’s Pasta. We welcome our new colleagues at Caesar’s Pasta to the growing CIG family, and we look forward to helping them build this company into the No. 1 brand of gluten-free and organic pastas.”
