Frozen Baked Goods Processor Chalet Desserts Acquired by PE Firm
Frozen baked goods processor Chalet Desserts has been acquired by private-equity firm Encore Consumer Capital, according to a release announcing the deal. Chalet is based in Sacramento, Calif., and its frozen bakery desserts and baked goods inclusions are sold into in-store bakeries at supermarkets and convenience stores, and foodservice and ingredient markets.
Founder and CEO Dave Laukat and the existing management team at Chalet will remain on in partnership with Encore to drive the next chapter of growth for the company, the announcement stated.
With Encore’s support, Chalet expects to grow through add-on acquisitions, organic growth initiatives and investments in capacity. The company is actively seeking acquisition opportunities in the frozen baked goods space, the release noted.
About the Author
Andy Hanacek
Senior Editor
Andy Hanacek has covered meat, poultry, bakery and snack foods as a B2B editor for nearly 20 years, and has toured hundreds of processing plants and food companies, sharing stories of innovation and technological advancement throughout the food supply chain. In 2018, he won a Folio:Eddie Award for his unique "From the Editor's Desk" video blogs, and he has brought home additional awards from Folio and ASBPE over the years. In addition, Hanacek led the Meat Industry Hall of Fame for several years and was vice president of communications for We R Food Safety, a food safety software and consulting company.