Puratos acquires North American bakery provider, Pennant Ingredients.

07 December

Puratos, leading innovator in the bakery, patisserie, and chocolate industry, has recently acquired Pennant Ingredients, a leading provider of speciality bakery products and solutions to the North American Quick Service Restaurant, foodservice and retail in-store bakery channels.

Pennant Ingredients is a large baked goods supplier for the foodservice and retail markets operating in the US.

“This acquisition will allow us to increase our positioning in North-America, especially in the foodservice”, says Daniel Malcorps, Chief Executive Officer of Puratos.

With more than 70 years of expertise in producing and delivering ready-to-use mixes and toppings, Pennant Ingredients, located in Rochester, New York, generates more than 70 million dollars in sales and employs 100 people.

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