New Water Capital Acquires Klosterman Baking Company
July 27, 2022
An affiliate of New Water Capital Partners II L.P. has acquired Klosterman Baking Company, a long-standing producer of fresh and frozen baked goods serving grocers, restaurants and institutional customers. New Water said it will partner with management to expand Klosterman's product portfolio and geographic distribution footprint through organic and inorganic growth initiatives.
- Targets
- Klosterman Baking Company Inc.
- Sellers
- Klosterman family
- Industry
- Food & Beverage
- Location
- Ohio, United States
- Transaction Type
- Buyout
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