Announced
Completed
Financials
Sources
Tags
bakery
pastry
Private
Acquisition
Food Products
Private Equity
United States
Single Bidder
Friendly
Completed
Synopsis
Roland Foods, a portfolio company of Vestar Capital Partners, completed the acquisition of Albert Uster Imports. Financial terms were not disclosed. AUI has been a leading importer of specialty pastry, bakery, and confectionary products to professional chefs and bakers for 50 years. AUI sources products from more than 150 global suppliers, including exclusive distribution arrangements with best-in-class brands such as Felchlin, HUG, Ponthier, Laderach, and PCB Creation, among others. “The acquisition of AUI establishes Roland Foods as a leading platform within the specialty foods landscape. This acquisition doubles Roland Foods’ portfolio of unique, hard-to-source specialty products, increases our presence in the growing pastry and confections product lines, and offers us entry into the frozen and refrigerated categories.” James Wagner, Roland Foods CEO.
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