Kelso & Company Acquires Ferraro Foods from Kainos Capital

Ferrero Acquires WK Kellogg Co

September 26, 2025

Food & Beverage

Ferrero completed its acquisition of WK Kellogg Co, which became a wholly owned subsidiary. The previously announced deal valued WK Kellogg at $23.00 per share in cash (total enterprise value of $3.1 billion) and supports Ferrero’s strategic growth in North America.

Ferraro Foods Acquires Botticelli Food Service; Sells Casa Foods Division Back to Fornino Family

October 9, 2024

Food & Beverage

Ferraro Foods has acquired Botticelli Food Service (including the recently acquired Rudy & Son operation), expanding its distribution footprint and adding hundreds of pizzeria and restaurant customers across the Long Island / tri-state pizza market. Concurrently, Ferraro sold its Casa Foods division in Utica, New York back to the legacy Fornino family, transferring the Utica facility and more than 80 employees to local ownership.

Ferraro Foods Acquires GDS Foods Inc.

June 16, 2023

Food & Beverage

New Jersey-based Ferraro Foods has acquired GDS Foods Inc., a Sussex, New Jersey importer and distributor of Italian food products that serves pizzerias across New York, New Jersey and Pennsylvania. The acquisition expands Ferraro's distribution footprint in key Northeast pizza markets, bringing GDS’s ~ $50 million in annual sales and a loyal customer base into Ferraro’s network.

KPS Capital Partners Acquires Siderforgerossi Group S.p.A.

June 9, 2021

Manufacturing

KPS Capital Partners has signed a definitive agreement to acquire Siderforgerossi Group S.p.A., a vertically integrated manufacturer of large-diameter rolled and forged products headquartered in Veneto, Italy. KPS said it will use the business as the basis for a global forged-products platform and pursue organic growth and acquisitions; financial terms were not disclosed.

Ferraro Foods Acquires Cremosa Food Company (and New Cremflora Foods)

January 28, 2021

Food & Beverage

Ferraro Foods has acquired Cremosa Food Company and New Cremflora Foods, bringing the two family-owned pizza- and restaurant-focused distributors into the Ferraro Foods platform. The deal expands Ferraro's footprint and product offering along the East Coast, combining legacy family brands and refrigerated distribution capabilities based in Melville, New York and Ocala, Florida.

Kelso & Company Acquires Individual FoodService

November 22, 2019

Food & Beverage

Kelso & Company has acquired a majority equity interest in Individual FoodService (IFS), a Bell, California-based distributor of foodservice disposables, packaging and janitorial/sanitation products, from prior investor Sole Source Capital. Kelso said it will partner with IFS management to accelerate the company's acquisition strategy, expand capabilities and invest in operations; Kenneth Sweder was appointed Chairman of the IFS board.