Arbor Investments has acquired Hudson Baking Company, LLC. Hudson, founded in 2001 by Kristen and Tim Rieser, has become a recognized supplier of premium marshmallow crispy dessert bars, brownies, cookies and other baking goods.
“We are looking forward to beginning our partnership with Arbor and joining the Le Petit Pain platform,” said Kristen Rieser, President and Founder of Hudson. “Arbor’s baking industry experience, resources and capital made them the right choice to partner with as the company enters its next growth phase.”
With this acquisition, Hudson Baking will join Arbor’s baking platform, Le Petit Pain Holdings, which according to a press release, includes New French Bakery, Inc. and Best Maid Cookie Company, Inc.
“Hudson thrived under the leadership of Kristen and Tim, highlighted by the Company’s track record of above market top-line growth and excellent reputation,” said Arbor Vice President Brody Lynn. “We are excited about adding Hudson to our Le Petit Pain platform. This acquisition will enable us to continue to execute on our growth strategy by capitalizing on the tremendous opportunities we see in the baking industry.”
The Le Petit Pain platform is overseen by Arbor Operating Partner, Mike Schultz, a twenty year executive in the baking industry that includes a former executive at CSM Bakery Products and Minneapolis-based Best Brands Corporation.
“Hudson’s marshmallow crispy bar product is highly complementary to our existing offering and will allow us to better serve our customers through a more comprehensive product lineup,” said Schultz. “We expect significant near term opportunities to arise from offering Hudson’s products to our platform’s existing customer base.”
Through this acquisition, Hudson will continue to operate out of its facility in Hudson, Wisconsin.