Hearthside Food Solutions, a contract manufacturer and private bakery that makes energy bars, snack bars, cookies and crackers, has bought fellow US firm Standard Functional Foods Group (SFFG).
Nashville, Tennessee-based SFFG, a manufacturer of snack and nutrition bars on contract, was acquired from Standard Candy Company.
Go deeper with GlobalData
The terms of the deal, which is subject to regulatory approval, are undisclosed.
Downers Grove, Illinois-based Hearthside – which claims to be the largest independent bakery in the US – said the deal adds functional bar capacity, customers and R&D.
Hearthside said it will improve its entry into the functional bar category, enabling it to meet growing demand for a range of bars in the US.
The addition of SFFG will bring the Hearthside network to a total of 24 production facilities.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataRich Scalise, Hearthside’s chairman and CEO, said: “In addition to new network capacity, geographic reach and production capabilities, SFFG brings leadership in R&D with their ability to design, formulate and commercialise the increasingly complex nutrition and energy bars customers are demanding.”
Standard Candy began as a regional confectioner in 1901 and expanded into functional bars in 1999 through SFFG, which is a contract manufacturer to many large food companies and brands.
Standard Candy will retain its well-known Goo-Goo Clusters brand, which will continue to be made in Nashville.
