AdvancePierre Foods Acquires Manufacturing Assets of Better Bakery
Cincinatti-based AdvancePierre Foods announced plans to acquire the manufacturing assets of Better Bakery, LLC, a Valencia, Calif.-based manufacturer of premium stuffed sandwiches. Production will be relocated to AdvancePierre’s Caseyville, Ill., facility, a sandwich manufacturing operation the company acquired from Landshire, Inc.
“We are eager to incorporate another high-growth, strategic acquisition into the AdvancePierre portfolio,” says John Simons, president and CEO. “Stuffed hand-held sandwiches are the largest category in the frozen sandwich market, and Better Bakery is driving the lion’s share of the growth in this category. Its choice-ingredient, premium-price product portfolio is comprised of sandwiches for all eating occasions, which is pivotal for us as we aggressively grow our leadership position as the nation’s No. 1 provider of sandwiches for lunch, dinner and snacking and look to close the gap between AdvancePierre and the leading breakfast sandwich brand.”
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