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Gioia Capital and local food execs acquire Al Cohen's Bakery

Al Cohen's Bakery has been acquired by a local investment firm Gioia Capital and food industry executives Chris Covelli and Robert Drago.
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BUFFALO, N.Y. — Al Cohen's Bakery has been acquired by a local investment firm Gioia Capital and food industry executives Chris Covelli and Robert Drago.

The partners who sold the company include Mark DiDomenico and John Blando.

The acquisition covers Al Cohen's 30,000-square-foot factory on Buffalo's East Side and its "frozen food assets," which are distributed primarily through New York state but also throughout the northeast. DiDomenico, who will serve in a consulting capacity going forward, retained ownership of the company's fresh-baked bread assets.  You can read the full story on Buffalo Business First's website.

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