Tilia Holdings Invests in Stone Ground Bakery; Stone Ground Merges with Wheat Montana
November 9, 2021
Tilia Holdings, a Chicago-based private investment firm focused on the food supply chain, announced a growth investment in Stone Ground Bakery and that Stone Ground will merge with Wheat Montana, a Tilia portfolio bakery. Stone Ground will continue to operate under its existing brand with co-owners Tammy Hines and Derrick Schmerse remaining in place, and the combined businesses will leverage Wheat Montana's distribution network to expand Stone Ground's reach across the Western United States.
- Buyers
- Tilia Holdings, Wheat Montana
- Targets
- Stone Ground Bakery
- Platforms
- Wheat Montana
- Industry
- Food & Beverage
- Location
- Utah, United States
- Transaction Type
- Addon
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