Daniele International merges with Creminelli Fine Meats

Entrepreneurial Equity Partners portfolio company Daniele International has merged with Creminelli Fine Meats.

The companies have not disclosed the financial details of the merge.

Headquartered in Salt Lake City, Utah, US, Creminelli produces and distributes premium charcuterie and protein snacks. Its product portfolio includes charcuterie snack trays, deli trays, artisan salami, artisan deli and salami minis.

Daniele International produces speciality Italian charcuterie and deli meats.

Creminelli’s CEO and co-founder Chris Bowler 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 have 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.”

Bowler will continue to lead the Creminelli business.

Creminelli says it manufactures its products using clean-label inputs and humanely-raised animals. High-end grocery stores and cafes across the US stock its products.

Daniele International CEO David Finch said: “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.”

BofA Securities served as the exclusive financial advisor to Creminelli for this deal.

Creminelli is Entrepreneurial Equity Partners’ fourth acquisition. Its other investments include Sara Lee Frozen Bakery and Superior Cake Products.