Engelman Baking Company, a US wholesale bakery business, has been acquired by local investment firm Shoreline Equity Partners for an undisclosed sum.
Shoreline partnered with the Georgia-based firm’s management to do the deal.
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Engelman’s manufactures artisan breads and rolls including European and hearth breads, Kaiser and twisted egg rolls, speciality dinner rolls and hamburger and hot dog buns.
It operates a 50,000 sq ft bakery and serves restaurants and entertainment venues in the greater Atlanta area as well as national accounts.
Founded by Sammy Engelman in 1982, the company has more than 100 employees. Engelman will continue to lead the company and maintain a “significant” ownership position.
Mike Hand, managing partner at Shoreline, said: “With a 200-year legacy in the bakery space, Sammy has built an extraordinary business alongside the rest of the management team at Engelman’s. The company’s product quality and service to their customers is second to none, and we are grateful for the opportunity to partner with Engelman’s to continue to capture the Atlanta market as well as to expand across the south east region.”
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By GlobalDataEngelman said: “We are very excited to partner with Shoreline to execute on our growth strategy while remaining committed to delivering world-class service to our customers. Our partnership with Shoreline will give us the resources to take the next step at Engelman’s and to further expand our reach both locally and regionally.”
