The acquisition aligns with Crown Bakeries’ long-term strategy to expand its market share by adding distinctive brands and products.
The integration of NuTek’s assets is expected to accelerate the development of next-generation clean-label solutions that align with evolving regulatory standards and consumer preferences.
Vitawest is introducing a unique lineup that includes signature protein bread, high-protein pancake and waffle mixes and other fortified baked products to deliver up to 40 grams of protein per 100-gram serving.
The acquisition will be financed through a mix of cash and debt and is expected to be accretive to adjusted earnings per share within the first year.
Each box contains four mini pizzas.