Cremosa Food Company & New Crem Flora Foods Join Ferraro Foods
Company History: Industry veteran Joe Murgolo, an executive at both Polly-O and Friendship Dairies, purchased Cremosa Food Company and New Crem Flora Foods in 1995. One year later he was joined by John Albanese, who stepped in as President of both locations. Together, they optimized Cremosa’s product offerings and expanded their line of exclusive brands. Today, their inventory includes a fully supplied stock of over 5,000 items, ranging from fresh, refrigerated and frozen food products to restaurant equipment and supplies. With their large selection of products, they are able to service an array of eateries from pizzeria’s to high-end supermarkets and Italian restaurants. Their fleet of refrigerated and frozen trucks are operated out of Melville, New York and Ocala, Florida. Acquisition Outlook: John is excited to join the Ferraro Foods family and is looking forward to working more closely with Michael Giammarino, CEO of Ferraro Foods and Thomas Recine, President & COO of Ferraro Foods. This partnership gives Cremosa Food Company and New Crem Flora the opportunity to expand their reach and better support their customers along the East Coast. The acquisition of Cremosa Food Company will help to strengthen and unify legacy family brands on Long Island. Combined with the recent M&A of C&F Foods and LaRosa Brothers Food Distributors the completion of this most recent acquisition will join the three strongest pizza distributors on Long Island.
www.ferrarofoods.com NJ: (732) 424-3400 NJ: NC:: (919) 304-6600 NC
MD: (410) 702-6400 MD: NY:: (516) 921-3322 NY
(631) 752-0328
The Last Bite // 5