Vandemoortele acquires majority stake in Banneton Bakery; completes full acquisition in 2026
April 8, 2024
Encore Consumer Capital exited its investment in Banneton Bakery after Vandemoortele acquired a majority stake in the company in April 2024. In August 2026, Vandemoortele USA completed the final phase of the acquisition and assumed full ownership of the Swedesboro, New Jersey-based bakery business.
- Buyers
- Vandemoortele, Vandemoortele USA
- Targets
- Banneton Bakery, Banneton Bakery Inc.
- Sellers
- Encore Consumer Capital, Victor Litinetsky, Alex Litinetsky
- Industry
- Food & Beverage
- Location
- New Jersey, United States
- Transaction Type
- Buyout
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