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Rise Baking Company acquires Jimmy’s Gourmet Bakery
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FoodBev Media
Rise Baking Company has completed its acquisition of Jimmy’s Gourmet Bakery, strengthening its position in the category and expanding its manufacturing capabilities in the US.
Jimmy’s Gourmet Bakery has operated for more than 40 years and specialises in thaw-and-sell baked goods across the US.
Mark McNeil, CEO of Rise Baking Company, said: “We’ve admired what the Jimmy’s team has built over the years and we’re excited to welcome them to Rise.
Following the acquisition, Jimmy’s will initially continue to operate independently with Rise and Jimmy’s taking a phased approach to integration.
Founded in 2013 and headquartered in Minneapolis, Minnesota, Rise Baking has expanded through a series of strategic acquisitions, bringing together brands and manufacturers including Brill, South Coast Baking, Table Talk, Best Maid, Henry & Henry and Bakestone Brothers.