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US Highland completes acquisition of Supreme Sweets

Acquisition expected to add millions of dollars in assets, significant revenues to US Highland

  • 15 July 2018
US Highland completes acquisition of Supreme Sweets

Acquisition expected to add millions of dollars in assets, significant revenues to US Highland

US Highland, a franchise development company that builds and acquires franchise concepts and other related businesses, has announced the completion and execution of the acquisition of Supreme Sweets, Inc., a Toronto-based commercial bakery that designs, produces and delivers custom private label products for restaurant chains and grocery retailers.

US Highland recently announced the initiation of the corporate name and ticker change to CRUZANI in line with the new corporate direction.

“We are excited to finally complete this stage of the acquisition, both parties worked long and hard to conclude the transaction timely,” said Everett Dickson, CEO, US Highland. “The Supreme Sweets team and operating assets offer huge potential and we look forward to working with them in the continued growth of the company.”

The Supreme 38,000-square-foot facility is equipped to produce any mixed, fresh baked, par-baked, frozen, fried, extruded or cold-slabbed product. The acquisition will bring several million dollars of hard assets onto US Highland’s balance sheet, as well as a manufacturing component with projected annual run rates (revenues) exceeding seven figures, once fully implemented.

“This acquisition will allow Supreme Sweets team, to implement an aggressive widespread distribution of our existing and new great food products,” said Mario Parravano, president of Supreme Sweets. “Our years of experience and the synergy in the direction of CRUZANI is a perfect fit. We look forward to the future growth of the company.”

Supreme Sweets, Inc. has established a strong customer base with national and international retailers since it began operations in 2015. Offering a healthy, diverse menu made with fresh organic ingredients, consumers can choose from flatbread sandwiches, bowls, wraps, salads, and fresh proteins such as chicken, turkey, steak and falafel. Entrees are also available in pre-packaged “meal plans,” for take-out

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