Food manufacturer Lancaster Colony has announced the acquisition of a sauce and dressing production facility in Atlanta from Winland Foods for an approximate price of $75 million. The plant extends to around 300,000 sq ft in total, including roughly 250,000 sq ft of manufacturing space. “We are very pleased to have reached an agreement to acquire this production facility as an important strategic addition to our manufacturing network”, commented CEO …
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Lancaster Colony
Lancaster Colony, a manufacturer and marketer of specialty food products, has announced it is ceasing production of baked goods under its Flatout and Angelic Bakehouse brands, including the closure of facilities in Saline (MI) and Cudahy (WI). The company acquired Angelic Bakehouse in 2016, and Flatout in 2015. In a statement, the firm said the decision was part of its plans to focus toward the continued growth of its retail …
T. Manzetti, a wholly-owned subsidiary company of Lancaster Colony, has acquired New York-based bakery firm Bantam Bagels for $34 million. Bantam Bagels is a producer and marketer of frozen mini stuffed bagels and mini stuffed pancakes for both retail and foodservice with an annual net sales of around $20 million. Lancaster Colony Corporation is a manufacturer and marketer of specialty food products for the retail and foodservice markets. Dave Ciesinski, …
US food manufacturer Lancaster Colony has announced a new move to bolster its presence in bakery with the acquisition of Angelic Bakehouse. The Ohio-based company said that its wholly owned subsidiary T Marzetti had entered into a definitive agreement for the sprouted grain bread firm, which manufactures products such as bread, bread crisps, crusts, wraps, buns and rolls using a “proprietary sprouting process using seven whole grains (non-GMO) including red wheat …
Lancaster Colony, a manufacturer and marketer of specialty food products for the retail and foodservice market, has announced that it is to acquire Flatout Holdings, a producer of branded flatbread products predominantly for retail channels. Lancaster Colony is acquiring Flatout from private equity firm North Castle Partners through its wholly-owned subsidiary T. Marzetti Company for a price of appoximately $92 million on a cash-free and debt-free basis. Bruce Rosa, President …
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