Ajinomoto Foods North America Agrees To Sale of Its Italian Frozen Pasta Business to Seviroli Foods

Ontario, CA, January 29, 2024 – Ajinomoto Foods North America, Inc. (“AFNA”), a leading producer of frozen foods, agreed to the sale of the business rights and respective equipment of its Italian frozen pasta business, including Bernardi and Mona’s brand, to Seviroli Foods LLC (“Seviroli”), a leading manufacturer of frozen pasta and other food products and importer of specialty foods, today. The transaction is complete and AFNA will continue co-manufacturing the Bernardi and Mona’s products at its Toluca, IL facility to ensure continuity of service delivery to customers until Seviroli transitions operations into its respective facilities.

“The sale of our Italian frozen pasta business will allow us to shift our priority on growing our core products for continued long-term success,” said Hiroshi Kaho, CEO and President of AFNA. “This renewed focus will allow us greater flexibility in our production capabilities for our core products to better serve our customers.”

“Our decision to sell the Italian frozen pasta products was made after a thorough analysis of our pasta business,” added Chris Meyer, Senior Vice President – Head of Foodservice Strategic Business Unit. “The Bernardi and Mona’s brands have a long, rich history as a top Italian frozen pasta foodservice brand, and we feel Seviroli will best position them for continued success in the future.”