Canada’s Commercial Bakeries has acquired local peer Hollandia Bakeries to expand its capabilities in the North American private-label cookie market.
The companies did not disclose the financial terms of the deal in a statement announcing the transaction.
The Mount Brydges, Ontario-based business, which includes Hollandia Bakeries and the Good Food Company, produces seasonal, soft-baked, and everyday cookies.
Established in 1954, it operates a baking facility equipped with multiple cookie manufacturing lines and packaging capabilities.
Hollandia Bakeries said on its website that the 35,000 square-foot plant includes two-band ovens capable of producing the equivalent of 1,587kg of cookies per hour and up to 1.5 million cookies daily.
As well as private label, Hollandia’s product portfolio features a variety of branded cookies, including Karleens, Red Label, and Mini Tubs.
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By GlobalDataIn a LinkedIn post, Hollandia Bakeries president Dan Simile said: “We use locally grown and milled non-GMO wheat flour, oats, sugar, local honey and canola and 90% of our packaging is locally sourced from Canadian Mills.”
Simile added in the official statement that the transaction is expected to bring “significant benefits, including increased management support and investment to accelerate our growth trajectory”.
Commercial Bakeries said the addition of Hollandia “will help to unlock additional opportunities for the combined business”.
The acquisition marks Commercial Bakeries’ second deal since being acquired by private-investment firm Graham Partners in September 2023.
In May last year, the company acquired the US company Imagine Baking for an undisclosed sum.
Commercial Bakeries said the latest deal will support “the combined business to expand its capabilities and capitalise on the growing trend towards high-quality private-label baked snacks”.
Commercial Bakeries CEO Shawn Warren said the company looks forward to working with Simile and the Hollandia Bakeries team as part of its expanded bakery network.
Commercial Bakeries focuses on making premium, better-for-you, and seasonal offerings. It mainly serves the retail channel across North America.
