Commercial Bakeries, a Toronto-based producer of private label packaged cookies and crackers, acquires Hollandia Bakeries and the Good Food Company, a manufacturer of soft-baked cookies.
This marks the second acquisition for Commercial Bakeries since Graham Partners, a private investment firm, acquired the company in September 2023. In May 2024, Commercial Bakeries bought Imagine Baking.
Founded in 1954, Hollandia Bakeries is headquartered in Mount Brydges, Ont., where it operates a baking facility with multiple cookie manufacturing lines and packaging capabilities.
According to Dan Simile, president of Hollandia Bakeries, “We are excited to announce this strategic partnership with Commercial Bakeries and Graham Partners. With this transaction, I anticipate significant benefits including increased management support and investment to accelerate our growth trajectory. I am confident that this acquisition will help us continue to deliver high-quality baked goods, while meeting the evolving demands of our clients. The hardworking team at Hollandia Bakeries are enthusiastic about this new chapter.”
Shawn Warren, CEO of Commercial Bakeries, added, “We are delighted to welcome Dan Simile and the entire Hollandia Bakeries team into our expanded bakery network. We are confident that together we will accelerate towards our vision of ‘Baking Up Better’ every day and in every way.”
Source: www.foodincanada.com