Yamazaki Baking, Japan’s largest bread and bakery firm, has announced the acquisition of bagel maker and distributor Bakewise Brands from Ancor Capital Partners and Merit Capital Partners.
Based in New York, Bakewise Brands was established in 2010 as the corporate identity for Fleischer’s Bagels, which Ancor Capital Partners and Merit Capital Partners acquired in 2005, and Tom Cat Bakery, which they acquired in 2008.
Commenting on the deail, Amcor managing director Ray Kingsbury said: “Bakewise Brands today offers a portfolio of 400 products and 65 years of combined bakery experience, and it is a trusted bakery solutions provider offering a variety of branded and private label programs to premier retail and food service operators throughout the United States, Canada and Caribbean”.
Yamazaki Baking was established in 1948 and offers bread, confectionery, prepared rice and side dishes such as jams and desserts. The company operates around the world including through franchises. In 1991, the company established Vie de France Yamazaki to expand its business in North America. With its latest acquisition, Yamazaki Baking is seeking further development and growth across the USA through premium bread products.
Source: Yamazaki Baking (via BusinessWire)