Europastry Strengthens North American Footprint With Highland Baking Acquisition
Europastry, a global leader in the frozen bakery sector, has reached an agreement to acquire Highland Baking Company, a family-owned U.S. producer of premium breads for the foodservice channel. This acquisition is set to accelerate Europastry’s global reach in the North American Bakery sector. The transaction remains subject to customary closing conditions, including regulatory approvals and is currently expected to close in the second half of 2026.
Europastry will launch a major investment plan across the U.S. in order to expand production capacity and broaden its product portfolio. Following this transaction, the Group’s annual revenue will go over $2.3 billion. This transaction is set to create a global bakery powerhouse. The collaboration between the two businesses complements each other’s capabilities and products while also uniting two culturally aligned, purpose-led organizations.
This acquisition helps Europastry strengthen its position as one of the leading global players in the bakery sector. The combined company will be focusing on bakery across categories and channels with consumer tailwinds and will continue to operate under its existing brand and management team following completion of the transaction.
The Executive Chairman of Europastry, Jordi Galles, stated: “This transaction is much more than an acquisition: it is the coming together of two companies that share values, a long-term vision, and the same approach to business. […] We are convinced that Highland is the ideal business to accelerate our growth in the United States.”
The representative of the founding family of Highland and CEO of the company, Stuart Rossen, added: “We have found in Europastry the perfect partner to take the next step in our development, while preserving our identity and corporate culture. The transaction creates new and exciting opportunities for our employees, customers, and suppliers.”
Europastry was founded in 1987 and represents a leading global company of the frozen bakery industry. Today, it operates in more than 90 countries and employes over 5,500 people. The company offers a portfolio that ranges from artisan breads to high value-added frozen pastries.
Highland Baking Company is a business that specializes in delivering premium breads to the foodservice industry. The company operates two production facilities in Northbrook, Illinois and in Spartanburg, South Carolina.
