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Baking & Snacks – INVESTMENTS, FUNDING & M&A
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ChrysCapital to acquire 90% stake in bakery chain Theobroma in US$274.7M deal
The acquisition will be carried out through ChrysCapital’s affiliates, Infinity Partners, Aqua Investments Ltd, and Atreides Investments BV.
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Doughlicious receives US$5m from Rich Products for US expansion
The funds will be used to establish production facilities in the US, complementing its existing London-based operations.
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Eshbal expands its growth strategy with Gluten-Free Pita bread local manufacturing in North America
To support this expansion, Eshbal has acquired the assets of Swonder Bread.
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Europastry expands footprint by acquiring 60% of Art of Baking in Southeast Asia
Europastry terms the region as having “high growth potential”.
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Paulig expands Tex-Mex plant with new flour tortilla production line in Spain
This expansion will create approximately 30 new jobs over the next five to six years.