Canada’s Cinnaroll Bakeries Acquired by Investment Group

Canadian family office Skidmore Development Group and Canadian private equity firm SouthPac Partners have acquired Cinnaroll Bakeries Ltd, a bakery and maker of gourmet cinnamon rolls. The value of the transaction remains undisclosed. 

Cinnaroll Bakeries Ltd. markets two brands: Cinnaroll by Baker Boys, a wholesale manufacturer of branded baked product; and CinnZeo (cinnzeo.com), a network of corporate-owned and franchised café style cinnamon roll stores. CinnZeo specializes in producing scratch-baked, in-house-oven hot cinnamon rolls in leading malls and other high-traffic retail locations.

Established in 1987, Cinnaroll Bakeries produces gourmet-baked cinnamon rolls and treats. Headquartered in Calgary, Alberta, Cinnaroll Bakeries Ltd. owns and operates a 35,000sqf wholesale bakery facility, servicing grocery and food service customers across North America. The company has 72 CinnZeo corporate retail and franchised locations in Canada, Mexico and the Gulf countries.