As part of its strategy to focus on its food business, Lancaster Colony Corporation has acquired the principal assets of the Alabama-based frozen rolls and biscuits producer Marshall Biscuit Company.
Marshall is a privately-owned concern, and no financial terms were disclosed. According to Lancaster Colony, Marshall’s net sales to retail and foodservice customers in 2006 were in excess of US$11m.
“This acquisition provides us access to private-label accounts, new products and additional manufacturing flexibility as we plan to continue production at the Saraland facility,” said Bruce L. Rosa, president of Lancaster Colony’s Specialty Foods Group. “Marshall’s strength in the private-label channel nicely complements our Sister Schubert’s branded rolls.
Rosa added that Lancaster Colony remained interested in growing its specialty foods business through further acquisitions.
Lancaster Colony’s Specialty Foods Group sells branded products through supermarkets and also works in the foodservice channel, servicing national restaurant chains. Its brand portfolio includes T. Marzetti’s salad dressings and vegetable and fruit dips; Chatham Village croutons; Cardini’s and Girard’s dressings; New York Brand and Mamma Bella frozen garlic breads; Sister Schubert’s frozen rolls; Reames frozen noodles and pastas; and Inn Maid premium dry egg noodles.
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