Dawn Foods announced it has agreed to sell its North American frozen manufacturing business to Rise Baking Company.
The global bakery manufacturer and ingredients supplier decided to focus on its core ingredients business and concentrate its investment and execution on delivering growth and product innovation across its ingredients portfolio, a press release states. The agreement will also expand Rise Baking Company’s North American baked goods product portfolio.
The sale includes Dawn’s North America frozen plants in York, Pennsylvania; Atlanta, Georgia; Manteno, Illinois, and Mexico, Missouri. The staff working at those facilities will transition to the Rise Baking Company.
“The sale of our frozen manufacturing business in North America to Rise Baking Company is the right move for Dawn and enables us to continue to leverage our insights to develop groundbreaking bakery ingredient innovations and invest in our ingredient plants and digital future”, said Carrie Jones-Barber, CEO of Dawn Foods.
Michigan-based Dawn Foods partners with more than 40,000 artisanal and retail bakers, foodservice leaders and manufacturers, located in more than 100 countries and has 4,000 team members globally.