Share this article

Harlan Bakeries, a contract manufacturer of bread, pies and cakes in the US, has acquired AmeriQual Group Holdings, a supplier of ready meals to the country’s military and branded food producers.

Family-owned Harlan Bakeries, based in the town of Avon in Indiana, secured undisclosed equity financing for the deal from asset manager Turning Rock Partners in New York, while the company’s shareholders and management also contributed funds.

Headquartered in Evansville in the same state, AmeriQual Group is also a privately-held business founded in 1987. The company operates five manufacturing plants across the states of Indiana, Georgia and North Carolina. It “counts many major branded food companies as customers”, the business notes on its website.

Harlan Bakeries president Hugh Harlan said in a statement: “I am excited for the opportunity to work with all of our employees to vertically integrate both businesses and to ensure continued growth and success for both companies.”

Dennis Straub, Harlan Bakeries’ counterpart at AmeriQual Group, added: “The AmeriQual team is excited to be partnering with Harlan Bakeries as we move towards the next phase of our company’s growth. We believe that there are multiple growth opportunities with this combination and that our company cultures are very similar.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData

Louis Mayer, vice president at Turning Rock Partners, said Harlan Bakeries is “committed to scaling the business” post-transaction.