Announced
Financials
Tags
desserts
Acquisition
Friendly
Private
United States
food supply
Food Products
Pending
Single Bidder
Majority
Synopsis
Fairfield Gourmet Food, the parent company of David's Cookies, agreed to acquire Foxtail Foods, which delivers bakery recipes for some of the most respected brands in foodservice and retail. Financial terms were not disclosed. "We are excited at this opportunity to expand David's Cookies production and distribution footprint to the Midwest," says Ari Margulies, President of David's Cookies. "Pies will make a great addition to our already well-rounded portfolio. We are especially excited to provide our customers with the ability to offer their patrons freshly baked pies in addition to freshly baked cookies. David's Cookies is committed to the continued expansion and upgrade of Foxtail Foods state of the art manufacturing facility. David's Cookies and Foxtail Foods have always been committed to offering their customers spectacular tasting, consistently fresh, and innovative varieties of desserts made from the finest ingredients. The combination of the two companies will ensure that this commitment will never waiver."
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