Dakota Growers Pasta Company, Inc.
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Dakota Growers Pasta Company, Inc. - overview
Established
1991
Location
Carrington, ND, US
Primary Industry
Food
About
Dakota Growers Pasta Company, Inc. specializes in the production of high-quality dry pasta products, offering a diverse range of shapes and formulations for various market segments including retail, foodservice, and ingredient channels. Founded in 1991 and headquartered in Carrington, US, Dakota Growers Pasta Company focuses on pasta manufacturing. The company was acquired by Kelso & Company in 2007 and subsequently acquired by Viterra AG in March 2010 for USD 240 mn.
The latest investment round was a Trade Sale totaling USD 240 mn, indicating strong interest from investors. The company has completed three deals, with the most recent occurring on March 10, 2010. Dakota Growers Pasta Company provides a wide array of dry pasta products, including over 100 different shapes. Their offerings include conventional and organic dry pasta, whole grain options, and innovative pastas featuring trending ingredients.
The company emphasizes high-quality standards, sourcing No. 1 Hard Amber Durum wheat from the northern plains, which ensures a desirable texture and taste for diverse culinary applications. Their products are distributed across the US and select international markets, catering to clients ranging from major foodservice chains to independent restaurants. Dakota Growers Pasta Company generates revenue through various channels, including B2B partnerships, retail sales, and direct-to-consumer offerings.
Their products are supplied to grocery retailers and foodservice providers, fostering long-term partnerships that promote bulk purchasing. Flagship products like Ronzoni pasta are well-regarded in retail, while specialized offerings meet specific needs in food service, reinforcing customer loyalty and encouraging repeat transactions. Looking ahead, Dakota Growers Pasta Company plans to introduce new pasta products designed to adapt to changing consumer preferences, although specific release dates have yet to be announced. The company is also targeting expansion into additional international markets to increase its global footprint.
Recent funding from Viterra AG's acquisition will be utilized to support these initiatives, ensuring the company can effectively scale its operations and diversify its product lineup.
Primary Industry
Food
Sub Industries
Snack Foods
Website
www.dakotagrowers.com
Company Stage
Acquired
Total Amount Raised
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Dakota Growers Pasta Company, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Dakota Growers Pasta Company, Inc. | - | ||||||||
| Secondary Buyout | Completed | Dakota Growers Pasta Company, Inc. | - | ||||||||
| Growth | Completed | Dakota Growers Pasta Company, Inc. | - |
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