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MamaMancini’s Acquires Remaining Interest in Chef Inspirational Foods
MamaMancini's Holdings, Inc., a leading national marketer and manufacturer of fresh Deli prepared foods, today announced that it has purchased the remaining 76% interest in Chef Inspirational Foods, Inc. (“CIF”), a deli prepared food sales agent, following up on the June 2022 acquisition of a 24% minority interest in CIF.
The remaining 76% interest in CIF was purchased for $3.65 million at an implied enterprise value of $4.8 million. $2.15 million of the purchase price is payable in cash in two tranches, one due immediately...
MamaMancini’s to Launch Mama’s Creations, a New International Deli Foods Platform Brand
MamaMancini's Holdings, Inc. a leading national marketer and manufacturer of fresh Deli prepared foods, today announced the launch of Mama’s Creations, a new international deli foods platform brand, at IDDBA 2023 taking place June 4-6, 2023 in Anaheim, California.
The International Dairy Deli Bakery Association (IDDBA) is a nonprofit trade association for food retailers, manufacturers, wholesalers, brokers, distributors, and other industry professionals. The IDDBA annual tradeshow attracts more than 10,000 attendees and serves as a vital networking for the industry.
Mama’s Creations is a new platform brand...
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