Private | |
Industry | Private Label foods |
Founded | 1862 |
Headquarters | Braintree, Massachusetts, U.S. |
Key people
|
Robbie Jamieson, President |
Products | Food |
Owner | Centerview Partners |
Number of employees
|
675 (2012) |
Website | Richelieu Foods |
Richelieu Foods is a private label food manufacturing company founded in 1862, headquartered in Randolph, Massachusetts, previously owned by investment group Brynwood Partners and owned since 2010 by investment group Centerview Partners LLC.
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 have included Chef Antonio, Raveena's, Pizza Presto!, Grocer's Garden, Caterer's Collection, Oak Park, and Willow Farms.
With approximately 675 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.