USA: Ne-Mo’s Bakery acquired by Cotton Creek Capital

Cotton Creek Capital, a private equity firm, has acquired Ne-Mo’s Bakery, a San Diego producer of sweet baked goods, with the intention of supporting the company’s expansion and boosting manufacturing and innovation capabilities.

Founded in 1975, Ne-Mo’s Bakery is a leading producer of sweet baked goods, offering cakes, cookies, cinnamon rolls, and a range of speciality items. Its products are distributed throughout the US through convenience stores, supermarkets, restaurants and hospitality partners.

Commenting on the deal, Ne-Mo’s chief executive officer Mike Chaignot said: “We are excited to partner with Cotton Creek. A shared commitment to operational excellence and commercial investment will allow us to further expand our market presence, invest in new products, and continue building on Ne-Mo’s long-standing tradition of delivering delicious, high-quality baked goods”.

Cotton Creek managing partner Antonio DiGesualdo added: “Mike and his team have a built an exceptional brand known for its differentiated, high-quality products. We look forward to supporting Ne-Mo’s as it introduces its cakes and breads to an expanded consumer population”.

Source: Cotton Creek Capital (via Globe Newswire)