Posted 1/20/2014 01:42 pm
Updated 10 months ago
Tyson Foods Inc. of Springdale has bought the assets of Bosco's Pizza Co. of Warren, Mich., the companies said in a news release Monday. The terms of the sale, completed on Saturday, weren't disclosed.
Bosco's, which is known for "The Original Bosco Stick," makes a variety of stuffed breadsticks and frozen pizzas. It serves the food service sector and retail customers throughout the Midwest and some retailers nationwide.
Bosco's employs about 150 people, who will now become employees of Tyson Foods.
"This is part of our company's strategic plan to grow our domestic prepared foods business," said Donnie King, Tyson Foods' president of prepared foods, customer and consumer solutions. "Bosco’s will be a good addition to our diversified portfolio of quality food offerings."
Tyson is the largest supplier of pepperoni and pizza toppings to the food service industry, the company says.
Craig Mulhinch, vice president of Bosco's sales and marketing, and Paul Morgan, vice president of Bosco's operations, will continue to manage the day-to-day operations. Bosco's will become part of Tyson Foods' Prepared Foods division, but continue to operate under the Bosco's Pizza Co. name. Customer contacts will not change, the news release said.
"This is a great opportunity for the Bosco's brand," Mulhinch said. "We've put a lot of effort into creating high-quality products and Tyson Foods has recognized that. This deal will allow us to accelerate our growth while we continue to focus on the fundamentals of making excellent artisan bread products. We're excited about joining the Tyson team."