Lindsay Goldberg to Obtain ARYZTA AG’s North American Bakery Business enterprise
NEW YORK–(Company WIRE)–Lindsay Goldberg, a top non-public expenditure firm that focuses on partnering with households, founders, and administration teams, announced these days that affiliates of the business have entered into a definitive agreement to acquire ARYZTA North The us (“ANA” or the “Company”), one of the most significant B2B companies of frozen baked merchandise in the U.S. and Canada, from ARYZTA AG (“ARYZTA”).
ANA delivers breads, sweet and savory baked goods, and snacks to top consumers in the brief-assistance cafe, foodservice, and retail marketplaces across the U.S. and Canada. With around 1,500 distinctive products and solutions, the Corporation has just one of the broadest portfolios in the industry, which include equally personal label and branded offerings beneath the Otis Spunkmeyer, La Brea Bakery, and Oakrun Farm Bakery manufacturers. ANA operates 15 point out-of-the-art manufacturing services with around 4,000 staff in the U.S. and Canada. Lindsay Goldberg has deep familiarity and a effective history with a lot of the ANA company, owning designed and marketed a predecessor to ANA in 2010.
“ANA is one of the main suppliers of substantial-good quality baked products in the U.S. and Canada, and we glance ahead to partnering with management to go on ANA’s custom of serving thousands and thousands of buyers,” reported Russell Triedman, Taking care of Spouse of Lindsay Goldberg.
Eric Fry, Partner at Lindsay Goldberg, extra, “We are enthusiastic to spouse with the ANA management group as they execute their strategy to generate expansion and build price for their buyers by making on the Company’s custom of remarkable purchaser provider and main products innovation.”
“This is an remarkable stage in the evolution of our market-leading enterprise and brand names, and a sturdy endorsement of the really hard get the job done and motivation of our gifted staff members,” reported Tyson Yu, Main Govt Officer of ANA. “Lindsay Goldberg is renowned for its collaborative method in partnering with management groups to build great corporations. The firm’s in depth sector expertise, community of associations, and broad operational experience place us to preserve the greatest specifications for foodstuff basic safety and sustainability and accelerate our innovation and upcoming development trajectory.”
The transaction is issue to customary closing ailments and regulatory approvals. Houlihan Lokey and Alantra acted as economic advisors to ARYZTA AG.
About Lindsay Goldberg
Lindsay Goldberg is a personal financial investment company that focuses on partnering with families, founders and administration groups searching for to actively establish their corporations. Considering the fact that 2001, Lindsay Goldberg has lifted far more than $17 billion of equity money and has invested in in excess of 50 system organizations and in excess of 250 comply with-on options. The firm focuses on a varied set of industries that have shown resilience across economic cycles, including industrials, business, authorities and economical services, and healthcare in North America and Western Europe. Lindsay Goldberg usually takes a partnership pushed strategy and is supported by its worldwide network of affiliate partners. For much more information about Lindsay Goldberg, remember to pay a visit to www.lindsaygoldbergllc.com.
About ARYZTA
ARYZTA is a world food company with a leadership placement in benefit bakery. ARYZTA is based in Schlieren, Switzerland, with operations in North The united states, South The us, Europe, Asia, Australia and New Zealand. ARYZTA is shown on the 6 Swiss Trade (6: ARYN).