Richs acquires Rolling Pin
Rich Products Corp., Buffalo, N.Y. recently acquired Rolling Pin Manufacturing Corp., a division of Shato Holdings Ltd. of Vancouver, British Columbia, Can.
Rolling Pin manufactures ready-to-finish and fully-finished yeast-raised and cake donuts, featuring premium products such as fritters, twists and cinnamon buns. The company is based in San Francisco. The acquisition includes the Rolling Pin brand as well as two manufacturing facilities in South San Francisco and Pine Bluff, Ark. Terms of the deal were not disclosed.
“The acquisition of Rolling Pin and its line of premium donut products complements Rich’s already strong portfolio of quality donuts and other sweet goods,” said William Gisela, Jr., chief operating officer, Rich Products. “This acquisition strengthens Rich’s leadership position as a provider of high quality sweet goods for both in-store bakery and foodservice customers.”
Rich Products is known around the world as the founder of the non-dairy segment of the frozen food industry and a leading supplier to the foodservice, in-store bakery and retail marketplaces. Rich’s posts annual sales exceeding $2 billion.
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