The funds will be used to establish production facilities in the US, complementing its existing London-based operations.
Milano cookies have evolved into one of Pepperidge Farm’s most iconic offerings.
This product launch coincides with Loacker’s 100th anniversary.
The Grand Rapids facility was acquired in 2021 through a US$41 million deal with Great Lakes Festida Holdings Inc.
To support this expansion, Eshbal has acquired the assets of Swonder Bread.