Lipari Foods, a Michigan, US-based distributor, manufacturer and importer of food products, has acquired the assets of Tut’s International Export & Import Co.
Also headquartered in Michigan, Tut’s International is an importer and distributor of Middle Eastern and Eastern European foods.
Serving more than 3,000 grocery retail customers, Tut’s reportedly imports over 4,000 products from around 80 countries, including olive oils, pickles, rice, pasta and canned goods, as well as meat, fish and dairy products.
The company – which serves the North American market – has a portfolio of brands that includes Dobrova, Shahia and Lebanon Valley.
“Tut’s International is a trusted leader in the Middle Eastern and Eastern European specialty food category and we are excited to add their expertise to the Lipari platform,” said Thom Lipari, president and CEO of Lipari Foods.
“Acquiring Tut’s strengthens our strategic position as one of the premier ‘perimeter-of-the-store’ and specialty grocery distributors in the US. We look forward to partnering with the Tut’s team to continue growing our international specialty division.”
Tut’s International is the third add-on acquisition that Lipari has completed since being acquired by investment firm HIG Capital in January 2019.
The financial terms of the transaction have not been disclosed.
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