Kainos Capital (“Kainos”), a food and consumer-focused private equity firm, today announced the sale of its portfolio company Ferraro Foods to funds managed by Kelso & Company.

Headquartered in Piscataway, NJ, Ferraro Foods is a specialty foodservice distributor delivering quality food and supplies, primarily to the Italian restaurant and pizzeria segment in the Eastern U.S. The Company, which had its first sale in 1975, today sources over 7,000 products from around the world and distributes to over 6,000 end customers.

Kainos partnered with Ferraro Foods in May of 2018 after having developed a prior relationship with Ferraro’s owner Michael Giammarino through the team’s network of industry relationships.

Read More

Source: Perishable News