1. Rise Baking Company acquires US peer Table Talk Pies.
- Author
-
Harvey, Simon
- Subjects
PIES ,BAKING ,FOOD industry - Abstract
Rise Baking Company, a private-equity backed company, has acquired Table Talk Pies, a family-owned business based in Worcester, Massachusetts. The deal provides Rise Baking with three additional manufacturing facilities, bringing their total to 20 across the US and Canada. Table Talk Pies, established in 1924, produces snack and dessert pies that are distributed in the US, Canada, Mexico, and Puerto Rico. The price of the acquisition was not disclosed, but Table Talk Pies employs over 300 staff. Rise Baking, which supplies various baked goods, has previously acquired other companies in the industry. CEO Brian Zellmer expressed excitement about the acquisition and the growth opportunities it presents. [Extracted from the article]
- Published
- 2024