Arbor Investments acquires Hudson Baking
Arbor Investments, Chicago, has acquired Hudson Baking Co., LLC, Hudson, WI, a supplier of premium marshmallow crispy dessert bars, brownies, cookies and other baked goods for the co-manufacturing, convenience store, grocery retail and foodservice channels. Hudson will continue to operate out of its facility in Hudson.
Hudson Baking joins Arbor’s baking platform, Le Petit Pain Holdings, which includes New French Bakery Inc. and Best Maid Cookie Co. Inc. New French is a Minneapolis-based commercial bakery that manufactures premium branded and private label take-and-bake and fresh artisan breads. Located in River Falls, WI, Best Maid manufactures branded and private label gourmet cookies in both fully baked and frozen dough formats. The Le Petit Pain platform is overseen by Arbor operating partner, Mike Schultz, a 20-year executive in the baking industry.
“Hudson thrived under the leadership of Kristen and Tim [Rieser], highlighted by the company’s track record of above-market, top-line growth and excellent reputation,” says Brody Lynn, Arbor vice president. “We are excited about adding Hudson to our Le Petit Pain platform. This acquisition will enable us to continue to execute on our growth strategy by capitalizing on the tremendous opportunities we see in the baking industry.”
Kristen Rieser, president and founder of Hudson, adds: “We are looking forward to beginning our partnership with Arbor and joining the Le Petit Pain platform. Arbor’s baking industry expertise, resources and capital made them the right choice to partner with as the company enters its next growth phase.”