Sunday, 22 October 2017

 

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Snow Phipps Group announced the acquisition of bakery solutions provider DecoPac, the terms of the acquisition remain undisclosed.

Headquartered in Minneapolis, MN, USA, DecoPac is a leading direct-to-store distributor, technology and supply chain solutions provider for bakeries, professional cake decorators and home bakers across the U.S., Europe and Canada. The company sells a variety of licensed and non-licensed products and has developed a proprietary, print-on-demand solution called PhotoCake, which allows bakeries to print edible customized images onto baked goods. The company manages facilities in Anoka, Minnesota as well as in the UK, where it operates under the Culpitt and Sugarfayre brands.

As part of the transaction, Michael McGlynn, DecoPac's current CEO, has been named non-executive co-chairman of the board.

DecoPac's current president, John Anderson, has been promoted to CEO.

"We look forward to the next phase of DecoPac's evolution," said Anderson. "There is a plethora of opportunity in the industry and we are excited to see what we can accomplish in partnership with the Snow Phipps team. […] As retailers continue to invest in their in-store bakery footprints, there is strong demand for top-tier supply chain quality and service. DecoPac is distinctly positioned to help its customers drive profitable growth."

Snow Phipps’ operating partner Peter Shea will serve as the non-executive co-chairman of the board. 

"DecoPac represents an opportunity for Snow Phipps to participate in the rapid growth surrounding the in-store bakery," said Shea. "The McGlynn family has done an outstanding job providing best-in-class supply chain service and solutions for bakery operators. We are excited to participate in the next phase of the company's development."  

Related articles: 

Puratos Acquires Austrian Ingredient Producer Diamant 

Ammeraal Beltech Acquires Two Belting Distributors 

BakeMark Acquires Best Brands

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