View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
August 15, 2016updated 10 Apr 2021 5:40pm

Yamazaki Baking buys US firm Bakewise Brands

Yamazaki Baking, the Japanese bakery group, has snapped up US firm Bakewise Brands from private-equity firm Ancor Capital Partners and investment fund Merit Capital Partners.

By Dean Best

Yamazaki Baking, the Japanese bakery group, has snapped up US firm Bakewise Brands from private-equity firm Ancor Capital Partners and investment fund Merit Capital Partners.

Merit and Ancor set up Bakewise Brands in 2010 as the corporate identity for Fleischer’s Bagels, which they had acquired in 2005, and Tom Cat Bakery, which they bought in 2008.

Bakewise Brands, based in New York state, supply branded and private-label products to retail and foodservice customers in the US, Canada and the Caribbean.

In a statement, Yamazaki said it would “strive to develop” what it called “an artisan bread business”. Yamazaki said Bakewise Brands generated sales of US$23.8m in 2015.

Yamazaki has a US subsidiary, Vie de France Yamazaki, which sells into the country’s foodservice channel.

Terry Shipp, MD of Merit Capital, said: “We are proud of the significant accomplishments of Bakewise and its leadership position as a leading manufacturer and distributor of fresh, frozen and refrigerated bagel products.”

Financial details were not disclosed.

Related Companies

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