Global Industry: SPC Acquires Bäckerhaus Veit

Hamburg. (bm) Swander Pace Capital (SPC), a leading private equity firm specializing in investments in consumer products companies, has acquired Bäckerhaus Veit Limited, a leading producer of artisan, European-style breads, rolls, buns and soft pretzel products for top-tier retail and foodservice customers across North America. Founded in 1987 by award-winning entrepreneur and CEO Sabine Veit, Bäckerhaus Veit draws on more than 90 years of family heritage in the baking industry, dating back to Veit’s family roots in the Stuttgart region, state of Baden-Wuerttemberg, Germany. Other topics of the week:

• Campbell: Biscuits and Snacks boost Q1-2019 results [US] Fri 11-23
• Swander Pace Capital: Acquires Bäckerhaus Veit [CA] Fri 11-23
• Orkla ASA: seeks to acquire Kotipizza [NO] Fri 11-23
• SSP Group: Kate Swann has decided to step down [UK] Thu 11-22
• SSP Group: Announces Strong Full Year 2018 Results [UK] Thu 11-22
• Frankfurt: SSP opens coffee shop perfect day micro [UK] Thu 11-22
• Düsseldorf: SSP opens premium coffee outlet Bazzar Caffè [UK] Thu 11-22
• Birmingham: SSP and M+S announce first airside M+S [UK] Thu 11-22
• SSP: to enter South America with contracts in Brazil [UK] Thu 11-22
• Blommer Chocolate to Be Acquired by Fuji Oil Holding [US] Wed 11-21
• Lancaster Colony: Buys Assets of Omni Baking Company [US] Wed 11-21
• REP and St-Methode Bakery end successful partnership [CA] Wed 11-21
• Non Executive Chairman: Yum! Brands Appoints Target CEO [US] Wed 11-21
• Cerealto and Siro: join together to form new food group [ES] Tue 11-20
• Cerealto: expects significant growth in FY 2018 [ES] Tue 11-20
• Post Holdings: Reports Results for Q4 and Fiscal Year 2018 [US] Mon 11-19
• Post Holdings: intends IPO of its Active Nutrition Business [US] Mon 11-19
• GfK: Purchasing Power in Europe 2018 [DE] Sat 11-17
• Patisserie Holdings: Resignation and Appointment of CEO [UK] Sat 11-17