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Specialty Bakers |
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Specialty Bakers’ recapitalization in September 2010 represents the fourth investment by Fund IV. The seller continued in his capacity as President and CEO and retained a significant ownership position. Tracing its roots back to 1901, Specialty Bakers is the primary producer of ladyfingers in the United States as well as a leading provider of other high-quality branded, in-store bakery, and private label baked products. From two bakeries employing 250 people located in Marysville and Lititz, Pennsylvania, the Company manufactures and supplies a unique portfolio of specialty cakes and pies, including French Twirls™ (Crème Horns), Dessert Shells, Cake Rolls, Angel Food Cakes and a full complement of pre-baked frozen and unbaked frozen 4”, 8” and 10” pies. Its products are distributed primarily to grocery stores, mass merchants and other retailers for sale in their “in-store” bakery sections. The Company’s pre-baked and unbaked pies and other items help minimize in-store labor for the retailer while meeting the end customer’s need for affordable, great-tasting dessert products. |
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| 914-682-2700
