Financial details of the transaction have not been made public but Creminelli’s CEO and co-founder Chris Bowler will continue to lead the Creminelli business. He said: “We are excited about the marriage of these two companies and how it positions us to build our brand, grow and improve our product offering, and continue our expansion into new outlets and channels. Our uniquely talented team and a strong food-loving culture has helped build Creminelli into the outstanding, market-leading company that it is today. We will be sharing the best of Creminelli with the best of Daniele and believe this transaction will enable us to continue our strong growth trajectory while expanding our values-guided mission.”
Based in Utah, Creminelli’s product lines include charcuterie snack trays, deli trays, artisan salami, artisan deli, and salami minis.
Daniele is a branded and private label producer of specialty Italian charcuterie and deli meats, including prosciutto, salame, and snack packs.
Daniele’s CEO David Finch added: “We have been focused on identifying outstanding products to add to our portfolio, and we are excited to be partnering with Creminelli. Their focus on innovation, product quality, and culinary artisanship are aligned with our values and history, making the company an amazing fit for Daniele. Together with the outstanding team at Creminelli, we plan on expanding into new markets and broadening our product offerings. As a company we seek to elevate the snacking and charcuterie experience in the US”
Entrepreneurial Equity Partners advised Daniele on the deal. Managing partner Mark Burgett said, “The merger with Creminelli Fine Meats is a great next step for Daniele as it looks to expand its presence and differentiated offering in the growing market for specialty protein snacks.”.