Minneapolis, Minnesota - Rise Baking Company, a renowned name in the North American bakery sector, has taken a significant step forward by acquiring two pie facilities, marking a new chapter in its expansion strategy.
This strategic move by the Minneapolis-based company, supported by Olympus Partners, is set to enrich its already diverse portfolio of bakery products.
The acquisition involves pie facilities located in Kent, Washington, and Brampton, Ontario, previously part of Wonder Brands Holdings Inc. and FGF Brands (USA) Inc. Known as "Pies," these facilities are recognized for their wide range of pie offerings across the retail channel in North America.
With this addition, Rise Baking Company now boasts 18 facilities across the U.S. and Canada, further solidifying its position in the market.
Brian Zellmer, CEO of Rise Baking Company, emphasizes the company's commitment to customer service, innovation, and teamwork.
He believes that venturing into the pie category will not only enhance the company's portfolio but also strengthen its presence in the bakery market, offering comprehensive service across major categories.
Olympus Partners, represented by a dedicated team including Mike Horgan, Jim Conroy, and others, has played a crucial role in this acquisition.
Their support underlines Rise's ongoing strategy to diversify its product offerings and cater to the evolving needs of its customers.
Olympus's expertise in nurturing growth and integration in newly acquired businesses has been a driving force behind this venture.
Rise Baking Company continues to prioritize its customer-first culture, leading to innovation and superior quality in its products.
With a team that believes in the ethos "our finest ingredient is our people," Rise is set to embark on this new journey with a promise of growth and excellence in the bakery sector.
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Photo by: risebakingcompany.com