Announced

Completed

Shoreline Equity Partners-backed Engelman’s Baking completed the acquisition of St. Armands Baking Company.

Synopsis

Shoreline Equity Partners-backed Engelman’s Baking, a company specializing in fresh and frozen wholesale bread products, completed the acquisition of St. Armands Baking Company, a Florida commercial bakery. Financial terms were not disclosed. “We are thrilled to partner with Engelman’s. Both companies have similar backstories and share the same high standards. Strategically, we will be able to expand our footprint in the Southeast and beyond. Since 1981, our employees, customers, and suppliers have transformed St. Armands from a mom-and-pop bakery into the company it is today, serving thousands of customers with quality organic and specialty breads. For all of this, I am very grateful. It has been a pleasure to work with the Hyde Park team. Their industry expertise, guidance, and perseverance were essential in the process of separating the wheat from the chaff, landing the best outcome for me, my employees, and my company. Many thanks to all at Hyde Park for making this happen,” Bernard Vroom, St. Armands, Owner.

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