Announced
Completed
Synopsis
Entrepreneurial Equity Partners-backed Furlani Foods, a premier manufacturer of fresh and frozen value-added bread, completed the acquisition of Cole's Quality Foods, a manufacturer of frozen baked products with a long history of innovation in the frozen bakery category. Financial terms were not disclosed. “The strategic combination of the two companies strengthens our position in the specialty bread and frozen products categories. By combining these exceptional businesses, we have created a stronger enterprise that will work to drive innovation and growth in the specialty bread category while maintaining the high-quality standards that both companies are known for. The Furlani platform will leverage its expanded manufacturing footprint and product portfolio to better serve customers across North America,” Christina Wang, e2p Vice President.
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