Puratos enters into a definitive agreement to acquire Dawn Foods, a bakery ingredients wholesaler.
The transaction is expected to be completed by the end of 2026, subject to regulatory approvals.
Founded in 1920, Dawn Foods operates across North America, Europe, AMEAP and Latin America. They specialize in baked goods and ingredients for donuts, muffins, cookies and brownies.
“This agreement reflects a major long-term step for Puratos,” said Pierre Tossut, CEO of Puratos. “Dawn Foods is a highly respected company with capabilities that complement our own. The agreement shows our ambition to further expand our footprint and capabilities within a space we know well, understand deeply, and have successfully developed over generations.”
Source: www.foodincanada.com