Industry News / Artisan Baking

Arbor Investments acquires New French Bakery

July 2, 2013
/ Print / Reprints /
ShareMore
/ Text Size+

Arbor Investments, a private equity firm in Chicago, has acquired the New French Bakery Inc., a Minneapolis-based company that bakes and markets a comprehensive offering of premium branded and private-label take-and-bake, par-baked and fresh artisan breads.

Arbor Investments partnered with management, led by the New French Bakery’s vice president of sales, Jeff Getzkin, and Michael Schultz, a long-term baking industry veteran, in its acquisition of the company. Terms of the sale were withheld.

“We were drawn to New French Bakery due to the company’s superior quality products and reputation in the baking industry,” says Brody Lynn of Arbor Investments. “The company has thrived under the ownership of Peter Kelsey, who was recently named Minnesota’s Small Business Person of the Year, and we are thrilled to be acquiring a business as it enters its next phase of growth.”

“Arbor’s extensive experience in the food industry made them a perfect partner for New French Bakery, our management team, employees and customers,” says Kelsey. “I’m very proud of what we have accomplished at New French and look forward to Arbor, with its resources and capital, building upon the foundation we have laid over the last 18 years.”

The bakery will continue to operate out of its existing facilities.

Source: PRNewswire

Did you enjoy this article? Click here to subscribe to Snack Food & Wholesale Bakery Magazine 

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2014 Bakery of the Year: Capistrano's Wholesale Bakery, Phoenix AZ

Here’s a look at Capistrano’s Bakery, our 2014 Bakery of the Year.

11/7/13 2:00 pm EST

Food Plant of the Future: The Future of Wastewater Management

Available On-Demand Effective management of wastewater is becoming increasingly critical to food and beverage processors as the cost for incoming water increases...

Snack Food & Wholesale Bakery Magazine

Cover Image

2014 September

September's Snack Food & Wholesale Bakery publication features on defining whole -grain foods, as well as a special feature on the 2014 Bakery of the Year: Capistrano's Wholesale Bakery!

Table Of Contents Subscribe

National Pizza Month

October is National Pizza Month! Where do you go to grab a slice (or two) of your favorite pie?
View Results Poll Archive

THE SNACK AND BAKERY STORE

organic-production-&-food-q.gif
Organic Production and Food Quality: A Down to Earth Analysis

Effects of Organic Production on Food Quality is the first comprehensive book on how organic production methods influence the safety and quality of foods, based on an unbiased assessment of the latest scientific findings.  The title is a 'must-have' for everyone working within the food industry.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

The Weekly Mix

Operations Weekly Logo

Written by Snack Food & Wholesale Bakery editors, our Operations Weekly weekly enewsletter provides bakers and snack food manufacturers with up-to-the-minute news, ideas and industry trends.

Sign up today!

STAY CONNECTED

Facebook IconTwitter IconYoutube IconLinkedIn Icon