Bakery manufacturer Brill--formerly known as CSM Bakery Solutions in the U.S.--is being sold to Minneapolis-based Rise Baking Company. The deal is expected to close this summer. Terms were not disclosed. This is the second major acquisition in just over a year for Rise Baking Company. Rise purchased the North American frozen bakery business of Dawn Foods in March, 2020.
Global bakery manufacturer and ingredients supplier Dawn Foods announced today it has entered into an agreement to sell its North American frozen manufacturing business to Rise Baking Company. This strategic business decision allows Dawn to focus on its core ingredients business, concentrate its investment and execution on delivering growth and product innovation across its ingredients portfolio, and continue to serve customers who look at Dawn every day as North America’s leader in bakery ingredients. The agreement will expand Rise Baking Company’s strategic North American manufacturing footprint and baked goods product portfolio.