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Private equity firm buys De Wafelbakkers | 2021-04-05

Zoopnewz by Zoopnewz
April 5, 2021
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Private equity firm buys De Wafelbakkers | 2021-04-05
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GREENWICH, CONN. — Brynwood Companions VIII LP has acquired De Wafelbakkers from The Oklahoma Publishing Co., a subsidiary of the Anschutz Corp. Monetary phrases weren’t disclosed. Based mostly in North Little Rock, Ark., De Wafelbakkers is a producer of branded, co-manufactured and personal label frozen pancakes, waffles and French toast. The corporate operates a 100,000-square-foot manufacturing facility in North Little Rock in addition to a 98,000-square-foot facility in McDonough, Ga. De Wafelbakkers has 650 staff.

“We’re happy to announce the acquisition of De Wafelbakkers,” stated Henk Hartong III, chairman and chief govt officer of Brynwood Companions.  “Brynwood already has a presence within the breakfast class by its dry combine choices with its Hungry Jack and Arrowhead Mills manufacturers, owned by Brynwood portfolio firm Hometown Meals Co. We even have in depth expertise within the frozen manufacturing house and consider that we will accomplice with the administration workforce to speed up efficiency within the De Wafelbakkers enterprise. The frozen pancake, waffle and French toast market is a rising house, and we’re excited to be invested within the class with such a big manufacturing participant.”

Along with De Wafelbakkers and Hometown Meals, Brynwood’s different meals and beverage investments embody Harvest Hill Beverage Co., Carolina Beverage Group, Buitoni Meals Co. and Nice Kitchens Meals Co. 



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