37th Street Bakery Completes Acquisition of Largest Manufacturer of Croissants

37th Street Bakery announced that it completed the acquisition of the assets and rebranding of Gold Standard Baking, LLC, North America’s largest manufacturer of croissants and a leading producer of dough-based, sweet baked goods. The new company name represents a homage to its legacy bakery facility on 37th Street, off Kedzie Avenue on Chicago’s southwest side, where it grew over its nearly 40-year history from a small specialty bakery to among the largest in the country. 

“Today marks a historic day in our journey,” noted Haq Chaudary, who continues his role as President & CEO. “We are excited to complete the sale to a new ownership group that is committed to supporting our growth over the long term. We enter this new chapter with a strong balance sheet, a committed and highly competent team, and a tradition of producing delicious baked goods. We are grateful for our customers and vendor partners who have supported us through this process, but most importantly, we appreciate the commitment of our 300 plus valued and loyal team members.”