US food manufacturer C.H. Guenther & Son has snapped up Cookietree Bakeries, a local supplier to retail and foodservice customers.
The deal, signed for an undisclosed sum, sees C.H. Guenther & Son, or CHG, take on a business that sells products including thaw-and-serve cookies, cookie dough, brownies and scones.
From Cookietree’s plant in Salt Lake City, it supplies club stores, retailers, quick-service restaurants and fast-casual chains. Cookietree’s customers are in North America, Europe, the Middle East and Asia, a statement announcing the deal read.
The acquisition is the first made by CHG since it was taken over in April by private-equity firm PPC Partners as part of a management buy-out.
Dale Tremblay, CHG’s chief executive, called Cookietree “a market leader in the dessert space”.
CHG has 19 manufacturing locations across the US, Canada and Europe. Outside North America, C.H. Guenther & Son’s facilities are in Belgium and the UK. The acquisition of Cookietree takes the number of plants owned by CHG to 21.
Greg Schenk, the founder and CEO of Cookietree, said: “CHG’s global capabilities, manufacturing expertise and food-safety focus will allow Cookietree to continue providing excellent service to our existing customers while also expanding our business.”