Announced
Completed
Synopsis
Arbor-backed Crown Bakeries, a bakery company, completed the acquisition of Bagel Boy, the largest manufacturer of premium, New York-style bagels in New England. Financial terms were not disclosed. "Bagel Boy has thrived under Chuck’s leadership, and we’re excited to welcome the team in Lawrence to the Crown family as we continue to expand our footprint in the Northeast. Breakfast is the fastest growing daypart in the United States and bagel sales are growing nearly three-times as fast as the broader baked goods category. By adding Bagel Boy’s outstanding products to our existing portfolio, including croissants, biscuits and English muffins, as well as our extensive sweet goods capabilities, we further enhance Crown’s position as the preferred one-stop-shop baker in the industry," Yianny Caparos, Crown Bakeries President.
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