Pastas Gallo Acquires Ta-Tung Platos Precocinados

ProA Capital Acquires Pastas Gallo with BlackRock as Minority Investor

January 20, 2020

Food & Beverage

Spanish private equity firm ProA Capital completed the acquisition of Pastas Gallo in December for €227 million, acquiring 100% of the company. BlackRock and other international investors provided capital alongside ProA and will hold a minority stake after supporting the transaction, which was coordinated via a competitive auction led by EY.

ProA Capital Acquires 50% Stake in Patatas Hijolusa

December 21, 2021

Food & Beverage

Spanish private equity firm ProA Capital has acquired a 50% stake in Patatas Hijolusa in a transaction valued at about €100 million via a share purchase and a capital increase. The founding family (José and Carlos Gómez Pérez) will retain 50% and continue to run the business as Hijolusa pursues international expansion (France and Italy), increased R&D and digitalization, and a buy-and-build strategy.

Catalina Finer Foods Acquires Saugatuck Kitchens

November 9, 2023

Food & Beverage

Catalina Finer Foods, an MGP portfolio company, completed the acquisition of Saugatuck Kitchens on November 9, 2023. The deal expands Catalina's frozen hors d'oeuvres and prepared-food portfolio and broadens its customer reach across foodservice and retail grocery channels.

Goldbergs Group Acquires Pasta Mami

March 13, 2025

Food & Beverage

Goldbergs Group has added Pasta Mami, a family-run fresh pasta manufacturer, to its portfolio as part of a strategic expansion of its food production and catering capabilities. The Atlanta-area pasta maker will continue producing artisanal pasta while leveraging Goldbergs Group's restaurants, manufacturing and airline catering network to expand distribution to restaurants, grocers, caterers and hotels.

Platinum Equity Acquires Majority Stake in F.lli Polli S.p.A.

December 13, 2024

Food & Beverage

Platinum Equity has acquired a majority stake in F.lli Polli S.p.A., the Italian producer of pasta condiments, preserved vegetables and related products, from affiliates of the founding Polli family. The Polli family and CEO Marco Fraccaroli retain minority ownership and management continuity; Platinum Equity intends to support geographic expansion across Europe and the United States.

PAK Quality Foods Acquires Formosa Foods

July 23, 2025

Food & Beverage

Fort Worth-based PAK Quality Foods has acquired the assets of Las Colinas International Inc. (Formosa Foods), a Dallas family-owned foodservice distributor, expanding PAK's product mix and geographic reach across Texas, Oklahoma, Louisiana and Arkansas. The Formosa owners, Jesse and Weldon Chang, will continue to lead the business and have made an investment in PAK; the move builds on PAK's expansion under PE owner Cross Rapids Capital.