Bertolli

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Bertolli - overview

Established

1865

Location

-, -, US

Primary Industry

Food

About

Bertolli is a prominent brand of Italian food products, focusing on creating quality pasta sauces, olive oils, vinegars, and frozen meals aimed at enhancing culinary experiences for home cooks and food enthusiasts. Founded in 1865 in the United States, Bertolli is recognized for its Italian food products. The brand was acquired by Enrico BV from Unilever Spreads in January 2021. The company operates globally, with a significant presence in the U.


S. market. Bertolli, a brand under Mizkan America, Inc. , specializes in a diverse range of Italian food products, prominently featuring pasta sauces, olive oils, vinegars, and frozen meals.


Their pasta sauce offerings include traditional red sauces, organic varieties, and Alfredo sauces, catering to various culinary preferences and dietary needs. The frozen meals segment emphasizes convenience, providing options such as oven-ready bakes and skillet meals for consumers seeking quick and satisfying meal solutions. Bertolli's olive oils and vinegars enhance the cooking experience, aimed at home cooks and food enthusiasts who prioritize quality and flavor. The company primarily targets the U.


S. market while serving consumers who appreciate authentic Italian cuisine, including families and individuals looking for easy meal preparation options. Bertolli's revenue is generated through a multi-faceted distribution model that encompasses partnerships with retailers and wholesalers, as well as direct-to-consumer sales channels. The brand's flagship products, including Bertolli® d'Italia sauces and Bertolli® Extra Virgin Olive Oil, are typically sold through grocery chains and supermarkets across the United States.


Transactions occur as individual purchases at retail outlets, with consumers selecting from a range of products tailored to different meal occasions. The pricing structure reflects the quality and reputation of the brand, with products positioned within the mid-range market segment. This approach ensures affordability while maintaining a focus on quality and taste, appealing to a broad spectrum of customers looking for authentic Italian meal options. Bertolli plans to leverage its recent acquisition in January 2021 to expand its product lineup and enhance market reach.


New product development is underway, aimed at introducing innovative sauces and meal solutions to meet evolving consumer preferences. The company is actively exploring opportunities to enter new geographic markets, particularly in North America and Europe, with an expected timeline for initial expansion by 2023. The recent funding from the acquisition will be pivotal in supporting these initiatives, facilitating marketing efforts and product development to capture a broader audience.


Current Investors

Enrico Food B.V.

Primary Industry

Food

Sub Industries

Other Food Products

Website

www.bertolli.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Bertolli - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedBertolli-

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