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Categories: Mergers and Acquisitions

USA: Lancaster Colony Acquires Bakery Assets of Marshall Biscuit Co.

Source: Lancaster Colony Corporation
04/06/2007

Columbus, Ohio, June 1 - Lancaster Colony Corporation announced today that it has acquired the principal assets of Marshall Biscuit Company, Inc., a privately owned producer and marketer of frozen rolls and biscuits based in Saraland, Alabama. This acquisition is consistent with the company's efforts to focus on its food operations.

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Bruce L. Rosa, president of Lancaster Colony's Specialty Foods Group, said, "This acquisition provides us access to private-label accounts, new products and additional manufacturing flexibility as we plan to continue production at the Saraland facility. Marshall's strength in the private-label channel nicely complements our Sister Schubert's branded rolls."    

"We remain interested in growing our specialty foods business through further good-fitting acquisitions such as Marshall Biscuit," Mr. Rosa said. Marshall's net sales to retail and foodservice customers in calendar 2006 totaled over $11 million.    

Lancaster Colony's Specialty Foods Group focuses its branded retail products on the supermarket produce department and frozen case, and its foodservice products on national restaurant chains. Well-known products include T. Marzetti's salad dressings, veggie and fruit dips; Chatham Village croutons; Cardini's and Girard's dressings; New York Brand and Mamma Bella frozen garlic breads; Sister Schubert's frozen rolls; Reames frozen noodles and pastas; and Inn Maid premium dry egg noodles.



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