Crown Bakeries announces acquisition of Michel's Bakery
Crown Bakeries (“Crown”), a manufacturer of fresh and frozen breads, baked goods, and dough products, has announced its acquisition of Michel’s Bakery (“Michel’s”). Founded in 1898 and owned by the Liss family for generations, Michel’s bakes and distributes a range of high-quality sweet baked goods for leading consumer brands and grocery retailers. Terms of the transaction were not disclosed.
Michel’s will continue to operate out of its existing manufacturing facility in Philadelphia, Pennsylvania and Jon Liss will remain at the helm of the organization as its General Manager.