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MamaMancini's Holdings, Inc. is a company specializing in home-style, old-world Italian food crafted from recipes passed down through generations. Founded by Dan Mancini, the company's offerings are a tribute to his grandmother Anna Mancini's culinary legacy. With a 17,000 sq. ft. USDA facility, HACCP approval, and cutting-edge flash freezing technology, MamaMancini's delivers fresh and frozen food products of the highest quality. Dan Mancini's appearances on popular media platforms like Martha Stewart, Today Show, and Food Network attest to the company's growing recognition and success.
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MamaMancini's Holdings, Inc. is changing its name to Mama's Creations, Inc. to reflect its evolution into a national deli prepared foods platform company. The company's common shares will trade under the new ticker symbol 'MAMA' on the Nasdaq Capital Market starting tomorrow. Mama's Creations has also launched a new corporate and investor relations website.
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MamaMancini's Holdings, Inc. has purchased the remaining 76% interest in Chef Inspirational Foods, Inc. for $3.65 million. The acquisition is expected to enhance gross margins by 1-2% and provide overhead synergies to reduce operating expenses. The purchase price is composed of $2.15 million in cash and $1.5 million in common stock payable in June 2025.
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MamaMancini's Holdings, Inc. announces the launch of Mama’s Creations, a new international deli foods platform brand, at IDDBA 2023. The platform will feature innovative Asian, Tex-Mex, Indian, and other international foods. MamaMancini's plans to pursue a corporate name change to Mama’s Creations and a ticker change to MAMA. The launch will take place at the IDDBA annual tradeshow, attracting over 10,000 attendees.
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FAQ
What is the market cap of MamaMancini's Holdings (MMMB)?
The market cap of MamaMancini's Holdings (MMMB) is approximately 136.8M.
Who is the founder of MamaMancini's Holdings, Inc.?
Dan Mancini is the founder of MamaMancini's Holdings, Inc., a company renowned for its home-style, old-world Italian food.
What sets MamaMancini's products apart?
MamaMancini's products are distinguished by their authentic recipes passed down through generations and the use of cutting-edge flash freezing technology for unparalleled freshness.
What facilities does MamaMancini's Holdings, Inc. operate?
MamaMancini's Holdings, Inc. operates a 17,000 sq. ft. USDA facility with HACCP approval, ensuring the highest quality and safety standards for its products.
Where can I find MamaMancini's products?
MamaMancini's products are available for purchase through various retailers and online platforms, bringing authentic Italian cuisine directly to your table.
What media recognition has MamaMancini's Holdings, Inc. received?
Dan Mancini, the founder of MamaMancini's Holdings, Inc., has been featured on popular media platforms like Martha Stewart, Today Show, and Food Network, highlighting the company's growing success and reputation.
How can I contact MamaMancini's Investor Relations?
For inquiries regarding MamaMancini's Holdings, Inc., please contact Lucas A. Zimmerman, Director at MZ Group - MZ North America, at (949) 259-4987 or email MMMB@mzgroup.us.
What technology does MamaMancini's use in its production process?
MamaMancini's utilizes flash freezing technology in its manufacturing process, ensuring the freshness and quality of its home-style Italian food products.
What is the significance of MamaMancini's commitment to tradition?
MamaMancini's commitment to traditional Italian recipes passed down through generations reflects a dedication to preserving culinary heritage and delivering authentic flavors.
What makes MamaMancini's products unique?
MamaMancini's products stand out for their authenticity, quality ingredients, and the heartfelt dedication to preserving family recipes, bringing a taste of old-world Italy to modern tables.
What platforms have featured MamaMancini's products?
MamaMancini's products have been showcased on various media platforms, including Martha Stewart, Today Show, Food Network, and other prominent outlets, highlighting the company's growing presence and recognition.
MamaMancini's Holdings, Inc.
Nasdaq:MMMB
MMMB Rankings
MMMB Stock Data
136.82M
27.17M
24.25%
11.39%
0.24%
Packaged Foods
Consumer Defensive
United States
East Rutherford