Marquee Brands LLC, New York, acquired the Emeril Lagasse brand and all related intellectual property from Sequential Brands Group, New York. Through this acquisition, Marquee Brands will establish a home and food division with two preeminent brands.
Founded by Emeril Lagasse, the Emeril Lagasse brand entails a variety of easy-to-prepare frozen snacks and refrigerated pasta.
"This transformative acquisition allows Marquee Brands to enter the home, food and media sectors," says Zachary Sigel, managing director, Neuberger Berman, the New York-based parent company of Marquee Brands. "The addition of new partners, customers and capabilities will further diversify Marquee Brands, improving its position as a preeminent global brand owner.”
"We are committed to making impactful investments across marketing and our established e-commerce platform to support these brands. We look forward to this best-in-class team joining our organization to help us drive continued growth," says Michael DeVirgilio, president of Marquee Brands.