US meals workforce C.H. Guenther & Son has once more moved to amplify its trade with foodservice operators, snapping up bakery corporate Baldinger-Sons.
The family-owned Baldinger-Sons has operations within the mid-west of the USA and in Canada, supplying quick-service eating place shoppers.
Struck for an undisclosed sum, the deal provides C.H. Guenther & Son a producing facility in Minnesota, in addition to websites north of the border in Ontario and Alberta.
It is going to take the selection of C.H. Guenther & Son’s factories, positioned throughout the USA, Canada and western Europe, to 27. The crowd manufactures and markets merchandise together with breads, biscuits, gravy mixes and frozen appetisers.
C.H. Guenther & Son CEO John Buckles, who took the helm remaining yr, stated Baldinger-Sons’ “extremely subtle production amenities and long-standing partnerships with blue-chip QSR shoppers are a really perfect have compatibility as we develop our blended corporate”.
Steve Baldinger, the CEO of Baldinger-Sons, added: “It was once crucial for us to discover a spouse who stocks our values and imaginative and prescient for the longer term whilst offering the energy and steadiness to assist propel our organisation for future years.”
Simply Meals has requested C.H. Guenther & Son, owned since 2018 via private-equity company Pritzker Personal Capital along control, for additional main points at the new asset’s buyer base, in addition to each firms’ fresh financials.
The newest acquisition introduced via C.H. Guenther & Son got here in 2019, when it purchased Mid South Baking Corporate, some other US foodservice provider. Previous that yr, the gang additionally got German baker WBack.
