HC Private Investments, a Chicago-based family office, launched Artisan Bakery, a premium baked goods and snack manufacturer, following the acquisitions of Snackwerks and Specialty Bakers. With a combined heritage dating back to 1901 and a US-wide manufacturing footprint, Artisan Bakery is well-positioned to provide premium bakery products. The terms of the transaction were not disclosed.
As part of the transaction, industry veterans Liz Barnett, Jeff Grogg, Purav Patel and Kirk Trofholz — each bringing decades of experience in bakery operations, food innovation, and CPG growth strategy — will join the Board of Directors of the newly-created company. Kirk Trofholz, former CEO of Nielsen-Massey and President of Dawn Foods, will serve as Executive Chairman. Additionally, Jeff Grogg, the previous owner of Snackwerks, will remain a significant equity owner.
“Our vision is to preserve the craft and quality of each bakery while providing the operational scale, R&D support, and strategic leadership needed to thrive in a fast-evolving food landscape. As grocery retailers continue to prioritize prepared foods to attract and increase foot traffic, we believe we are well-positioned to offer in-store bakery customers a differentiated model to create leading indulgences with the highest quality ingredients and flexible packaging options serving both family and individual formats,” said Kirk Trofholz, Executive Chairman.
Photo: Artisan Bakery