View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
July 20, 2016

Private equity firm Gryphon acquires Lawler Foods

San Francisco-based private equity firm Gryphon Investors has agreed to acquire Texas dessert maker Lawler Foods for an undisclosed sum.

San Francisco-based private equity firm Gryphon Investors has agreed to acquire Texas dessert maker Lawler Foods for an undisclosed sum.

Free Report
img

What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
Enter your details here to receive your free Report.

Lawler, a family-owned business, manufactures gourmet cheesecakes, layer cakes, pies and other desserts for retail and foodservice customers across North America. 

Under the terms of the deal, which is expected to close by the end of this month, Lawler will become part of the same premium dessert platform as The Original Cakerie – a leading manufacturer of high-quality frozen desserts for retail and foodservice customers across North America that Gryphon acquired in December 2015

Gryphon said the Lawler family will retain “a significant investment in the company” and the Lawler Foods management team will remain in place under the new ownership. Sales VP Wes Stasny will be promoted to president as part of the transition.

Partner at Gryphon Keith Stimson said: “The acquisition represents an outstanding strategic fit for Gryphon’s premium dessert platform. Lawler Foods’ long-term focus on producing best-in-class quality products is consistent with The Original Cakerie’s own commitment to quality. With little overlap in product offerings and customers between the two businesses, we are confident that the two companies will help expand our customer relationships with leading North American retailers and foodservice accounts.”

Operating partner Dennis O’Brien said: “With both Lawler Foods and The Original Cakerie as cornerstones, we look forward to building the dominant premium dessert manufacturer for the retail and foodservice industry across North America.”

Related Companies

Free Report
img

What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
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