CTI Foods acquires Liguria Foods
CTI Foods, a Wilder, Idaho-based provider of custom food solutions to restaurant chains, acquired Liguria Foods, a Humboldt, Iowa, producer of high-quality pepperoni, salami and other premium protein pizza toppings for pizzerias and sandwich shops.
“We are excited to welcome Liguria to the CTI family, and we especially like that Liguria is the pepperoni of choice for many of the most discriminating, independent and multi-unit pizzerias in the U.S.,” says Sam Rovit, president and CEO of CTI Foods. “It’s a good market to compete in, as pizza sales are growing at 3% annually and roughly half of all pizzas in the U.S. are ordered with pepperoni. The addition of Liguria’s high-quality products is consistent with our commitment to growth by diversifying CTI’s differentiated protein offerings and broadening CTI’s distribution channels.”
“We have aggressively built market share by being highly responsive to customer needs and by focusing on independent and multi-unit operators who want authentic, high-quality and flavorful pepperoni,” says Lance Chambers, Liguria CEO. “We’re very pleased to align with CTI. We believe our teams are a great fit and look forward to leveraging our array of complementary capabilities as we continue to earn our customers’ business each and every day.”