Schwan's Company acquires Better Baked Foods and Drayton Foods
Schwan’s Company, a leading national food business, announced that it has acquired from NE Foods Inc. its wholly owned subsidiaries of Better Baked Foods and Drayton Foods. The terms of the sale were not disclosed.
The acquisition represents the second in as many months for Schwan’s as it works to increase its capabilities in the U.S. pizza market. The company announced in June the acquisition of MaMa Rosa’s Pizza, based in Sidney, Ohio.