Richelieu Foods
Encyclopedia
Richelieu Foods is a private label
food manufacturing company founded in 1862, headquartered in Randolph, Massachusetts
, and owned by investment group Brynwood Partners
of Greenwich, Connecticut.
The company—which produces frozen pizza, salad dressing, sauces, marinades, condiments and deli salads to be marketed by other companies as their store brand
or white label
brand—manufactures over 50 million frozen pizzas and more than 20 million finished crusts annually, reporting more than $200 million in yearly sales.
Companies with private label items from Richelieu include Hy-Vee
, Aldi
, Save-A-Lot
, Sam's Club
, Hannaford Brothers Co., BJ's Wholesale Club
(Earth's Pride brand) and Shaw's Supermarkets
(Culinary Circle brand). The company's own brands include Chef Antonio, Pizza Presto!, Grocer's Garden, Caterer's Collection, Oak Park, and Willow Farms.
With approximately 630 employees Richelieu Foods operates four manufacturing facilities in Beaver Dam, Wisconsin
(deli staples, e.g., potato salad, coleslaw, topping of pizza crusts), Washington Court House, Ohio
(cold press pizza crusts), Grundy Center, Iowa
and Elk Grove Village, Illinois
(sauces and dressings).
According to Hoover's
, Richelieu Foods' average annual revenue per worker is about $900,000.
Primary competitors include Frozen Specialties, Inc., Ralcorp Holdings, Inc. and Seneca Foods Corporation. The company saw steady growth during the 2008-2010 recession, having a $40 million, or nearly 30 percent, increase in 2008 sales.
of Greenwich, Connecticut, which was itself founded in 1984 and owns such other brands as Stella D'oro
, Turtles and Balance Bar
.
In 1994, Richelieu focused on the contract packing and private label areas. The Western Dressing brand was sold and eventually acquired by Unilever
with Richelieu Foods packing the dressing until Unilever took it in-house eight years later, marketing it under the Wish Bone
brand.
In 1998, the company acquired the "Sauces and Dressings" division of Sara Lee along with the Sara Lee manufacturing facility located in Elk Grove Village, Illinois. The division manufactures salad dressing, mayonnaise and barbecue sauce for national restaurant and foodservice distribution customers.
In 2006, the company was named Pizza Manufacturer of the Year by Snack Food and Wholesale Bakery magazine
Frozen and ready-to-bake pizzas
Private label
Private label products or services are typically those manufactured or provided by one company for offer under another company's brand. Private label goods and services are available in a wide range of industries from food to cosmetics to web hosting...
food manufacturing company founded in 1862, headquartered in Randolph, Massachusetts
Randolph, Massachusetts
The Town of Randolph is a city in Norfolk County, Massachusetts, United States. As of the 2010 census, the town population was 32,112. Randolph adopted a new charter effective January 2010 providing for a council-manager form of government instead of the traditional town meeting...
, and owned by investment group Brynwood Partners
Brynwood Partners
Brynwood Partners is a private equity investment firm focused on leveraged buyout and other control investments.Since its founding in 1984, the firm—headquartered in Greenwich, Connecticut—has raised five investment funds, most recently raising a $250 million fund in 2005. Through these funds, the...
of Greenwich, Connecticut.
The company—which produces frozen pizza, salad dressing, sauces, marinades, condiments and deli salads to be marketed by other companies as their store brand
Store brand
Store brands are a line of products sold by a retailer under a single marketing identity. They bear a similarity to the concept of House brands, Private label brands in the United States, own brands in the UK, and home brands in Australia and generic brands...
or white label
White label product
A white label product or service is a product or service produced by one company that other companies rebrand to make it appear as if they made it.-History:...
brand—manufactures over 50 million frozen pizzas and more than 20 million finished crusts annually, reporting more than $200 million in yearly sales.
Companies with private label items from Richelieu include Hy-Vee
Hy-Vee
Hy-Vee is an employee-owned chain of supermarkets located in the Midwestern United States. Over 100 of its supermarkets are located in Iowa, with additional stores in Illinois, Kansas, Minnesota, Missouri, Nebraska, South Dakota and now Madison, Wisconsin...
, Aldi
ALDI
ALDI Einkauf GmbH & Co. oHG, doing business as ', short for "Albrecht Discount", is a discount supermarket chain based in Germany...
, Save-A-Lot
Save-A-Lot
Save-a-Lot is a discount supermarket chain headquartered in Earth City, Missouri, near St. Louis, United States. The subsidiary of Supervalu comprises approximately 1,250 stores in the United States with over $4 billion in annual sales....
, Sam's Club
Sam's Club
Sam's Club is a chain of membership-only retail warehouse clubs owned and operated by Wal-Mart Stores, Inc., founded in 1983 and named after Wal-Mart founder Sam Walton. , the Sam's Club chain serves more than 47 million U.S. members...
, Hannaford Brothers Co., BJ's Wholesale Club
BJ's Wholesale Club
BJ's Wholesale Club, Inc. , commonly referred to simply as BJ's, is a membership-only warehouse club chain operating on the United States East Coast, as well as in the state of Ohio...
(Earth's Pride brand) and Shaw's Supermarkets
Shaw's Supermarkets
Shaw's, along with companion store Star Market, are wholly owned subsidiaries of Eden Prairie, Minnesota-based SuperValu. Together, Shaw's and Star Market comprise the third-largest grocery chain headquartered in New England; behind Stop & Shop and Hannaford, although Shaw’s is the largest grocery...
(Culinary Circle brand). The company's own brands include Chef Antonio, Pizza Presto!, Grocer's Garden, Caterer's Collection, Oak Park, and Willow Farms.
With approximately 630 employees Richelieu Foods operates four manufacturing facilities in Beaver Dam, Wisconsin
Beaver Dam, Wisconsin
Beaver Dam is a city in Dodge County, Wisconsin, United States, along Beaver Dam Lake and the Beaver Dam River. The population was 16,243 at the 2010 census, making it the second largest city in Dodge County, and the largest city fully located within the county. It is the principal city of the...
(deli staples, e.g., potato salad, coleslaw, topping of pizza crusts), Washington Court House, Ohio
Washington Court House, Ohio
Washington Court House is a city in Fayette County, Ohio, United States. It is the county seat of Fayette County and is located approximately halfway between Cincinnati and Columbus, Ohio. The population was 14,192 in 2010 at the 2010 census...
(cold press pizza crusts), Grundy Center, Iowa
Grundy Center, Iowa
Grundy Center is a city in Grundy County, Iowa, United States. The population was 2,706 at the 2010 census a 4.2% increase from 2,596 at the 2000 census. The United States Census Bureau estimated the population was 2,524 in 2009...
and Elk Grove Village, Illinois
Elk Grove Village, Illinois
Elk Grove Village is a municipality located in northeastern Illinois adjacent to O'Hare International Airport and the City of Chicago. Elk Grove Village encompasses in land area with located in Cook County and located in DuPage County, Illinois. The population was 32,745 at the 2010 census...
(sauces and dressings).
According to Hoover's
Hoover's
Hoover's, Inc., a subsidiary of Dun & Bradstreet, is a business research company that has provided information on U.S. and foreign companies and industries since 1990. Since 1993, the company has made its information available on its website.-Operations:...
, Richelieu Foods' average annual revenue per worker is about $900,000.
Primary competitors include Frozen Specialties, Inc., Ralcorp Holdings, Inc. and Seneca Foods Corporation. The company saw steady growth during the 2008-2010 recession, having a $40 million, or nearly 30 percent, increase in 2008 sales.
History
By 1956, the company operated as Western Dressing Inc. and made only salad dressing until 1988, when it was sold to an investment group, Brynwood PartnersBrynwood Partners
Brynwood Partners is a private equity investment firm focused on leveraged buyout and other control investments.Since its founding in 1984, the firm—headquartered in Greenwich, Connecticut—has raised five investment funds, most recently raising a $250 million fund in 2005. Through these funds, the...
of Greenwich, Connecticut, which was itself founded in 1984 and owns such other brands as Stella D'oro
Stella D'Oro
Stella D'oro is a brand of cookies and breadsticks owned by Lance Inc.. Stella D'oro means "star of gold" in Italian, and the cookies are inspired by Italian baking. Its products include breadsticks, Swiss Fudge and other cookies, biscotti, and their S-shaped breakfast treats.The Stella D'oro...
, Turtles and Balance Bar
Balance bar
Balance Bar, sometimes styled as balance bar, is the brand name of a nutritional energy bar based on the 40-30-30 dietary principle, that is, a diet containing 40% carbohydrate, 30% protein and 30% dietary fat. The 40-30-30 nutritional philosophy was popularized by Dr. Barry Sears, a biochemist,...
.
In 1994, Richelieu focused on the contract packing and private label areas. The Western Dressing brand was sold and eventually acquired by Unilever
Unilever
Unilever is a British-Dutch multinational corporation that owns many of the world's consumer product brands in foods, beverages, cleaning agents and personal care products....
with Richelieu Foods packing the dressing until Unilever took it in-house eight years later, marketing it under the Wish Bone
Wish-Bone salad dressing
Wish-Bone is an American brand of salad dressing. The original dressing was based on a recipe served at the Wish-Bone restaurant in Kansas City, Missouri, founded by ex-soldier Phillip Sollomi in 1945...
brand.
In 1998, the company acquired the "Sauces and Dressings" division of Sara Lee along with the Sara Lee manufacturing facility located in Elk Grove Village, Illinois. The division manufactures salad dressing, mayonnaise and barbecue sauce for national restaurant and foodservice distribution customers.
In 2006, the company was named Pizza Manufacturer of the Year by Snack Food and Wholesale Bakery magazine
Officers
- Henk Hartong, Chairman of Richelieu Foods and Managing Partner of Brynwood Partners
- Vincent Fantegrossi, President, CEO - formerly CEO of Cape Cod Potato ChipsCape Cod Potato ChipsCape Cod Potato Chips is a snack foods company most famously known for their brand of potato chips. The company is headquartered in Hyannis, Massachusetts, on Cape Cod...
. - Mike Morin, Chief Financial OfficerChief financial officerThe chief financial officer or Chief financial and operating officer is a corporate officer primarily responsible for managing the financial risks of the corporation. This officer is also responsible for financial planning and record-keeping, as well as financial reporting to higher management...
- Wanda Artus-Cooper, Chief Operating OfficerChief operating officerA Chief Operating Officer or Director of Operations can be one of the highest-ranking executives in an organization and comprises part of the "C-Suite"...
- Anthony Raucci, Senior VP, Sales
- Walt Grineski, vice president of manufacturing, dressings and sauces
See also
List of food companiesFrozen and ready-to-bake pizzas