View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
September 19, 2017

Canada’s Cinnaroll Bakeries acquired by investment houses

Canadian food business Cinnaroll Bakeries has been acquired by investment firms Skidmore Development Group and SouthPac Partners for an undisclosed sum.

By Andy Coyne

Canadian food business Cinnaroll Bakeries has been acquired by investment firms Skidmore Development Group and SouthPac Partners for an undisclosed sum.

Free Report
img

VC funding trends to watch out for in Consumer

Consumer industry investors across the world are betting big on the ESG trend to pick up in the future and are focusing on backing the start-ups and emerging companies working in the meat-alternative products category.   The top two deals in this category were the $500 million investment raised by Impossible Foods and the $347 million investment deal for Future Meat Technologies.  GlobalData’s Venture Capital Investments – Consumer 2021 will help you dive into the capital raising landscape across regions and themes.  Use the report to identify emerging signals and trends across Consumer, formulating winning strategies for the road ahead.   
by GlobalData
Enter your details here to receive your free Report.

Founded in 1987, Calgary-based Cinnaroll Bakeries is the company behind Cinnaroll by Baker Boys, a wholesale maker of branded baked products, and CinnZeo, a network of corporate-owned and franchised café style cinnamon roll stores.

Cinnaroll Bakeries owns and operates a 35,000 sq ft wholesale bakery facility, servicing grocery and foodservice customers across North America, and has 72 CinnZeo corporate retail and franchised locations in Canada, Mexico and the Gulf countries.

Skidmore Development Group and SouthPac Partners said they are committed to accelerate the growth of Cinnaroll’s wholesale business in North America and to continue the expansion of the CinnZeo brand throughout the continent and internationally.

Skidmore Development Group, based in Burnaby, British Columbia, has traditionally targeted the retail, distribution, and real estate sectors. It is a member of the Thomas Skidmore group of companies.

SouthPac Partners, based in Vancouver, focuses on private operating businesses and real estate assets. 

Cinnaroll Bakeries had not responded to just-food’s request for a comment on the deal at the time of writing.

Related Companies

Free Report
img

VC funding trends to watch out for in Consumer

Consumer industry investors across the world are betting big on the ESG trend to pick up in the future and are focusing on backing the start-ups and emerging companies working in the meat-alternative products category.   The top two deals in this category were the $500 million investment raised by Impossible Foods and the $347 million investment deal for Future Meat Technologies.  GlobalData’s Venture Capital Investments – Consumer 2021 will help you dive into the capital raising landscape across regions and themes.  Use the report to identify emerging signals and trends across Consumer, formulating winning strategies for the road ahead.   
by GlobalData
Enter your details here to receive your free Report.

Topics in this article: ,
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every other month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Food