Hyde Park Capital Advises St. Armands Baking Co., on its Acquisition by Engelman’s Baking Co., a Portfolio Company of Shoreline Equity Partners

June 26, 2024 Hyde Park Capital

Hyde Park Capital announced that its client, St. Armands Baking Company (a Florida commercial bakery offering local delivery, fresh and frozen availability, custom baking, and co-packing) has been acquired by Engelman’s Baking Co. (a leading wholesale bakery offering a complete line of fresh and frozen bread products). Engelman’s is a portfolio company of Shoreline Equity Partners, LLC. Hyde Park Capital served as the exclusive investment banker to St. Armands for this transaction. Shutts & Bowen served as legal counsel to St. Armands.

FOOD Freshly North America’s New Location

FOOD freshly North America (FFNA), a global leader in the field of shelf-life extension and offering innovative concepts and products for freshness retention of fresh-cut produce, is very pleased to announce the continued growth and expansion of our North American Operations.

Sun World International Launches Two New Table Grape Varieties

APPLAUSE™ and EPIC CRISP® are the newest additions to join Sun World International’s family of table grape brands. For more than thirty years, Sun World International’s researchers have worked to develop and introduce flavorful, grower-friendly fruit varieties that enable producers, marketers and retailers to drive sales while delivering to consumers a delicious and consistent eating experience. 

CEA Alliance Releases Sustainability Framework for Indoor Growers

At the Indoor AgTech Innovation Summit, the CEA Alliance released the industry’s first sustainability framework developed by indoor growers, for indoor growers. The framework will drive credibility, transparency and continuous improvement through standardized approaches for sustainability measurement, guiding indoor growers through both key impacts to measure and metrics for measuring them. 

BranchOut Food Enters the $300 Billion Industrial Food Ingredients Market

June 25, 2024 BranchOut Food

BranchOut Food Inc. announced that it will enter the industrial food ingredients market as part of its commercialization strategy. The global market for industrial food ingredients was valued at $335.32 billion in 2023, and is projected to reach approximately $511.33 billion by 2032, with a compound annual growth rate (CAGR) of 4.8 percent.