Brand Castle in Bedford Heights, Ohio, has been acquired for undisclosed terms by Signature Brands, a portfolio company of Traub Capital Partners, the New York private equity firm.
Brand Castle makes branded and private label baking and decorating kits, dessert decorating products, premium baking mixes and seasonal beverages. The local company also designs and bakes its own line of gingerbread houses.
“The acquisition of Brand Castle will help Signature Brands strengthen our market position and enhance our operating leverage,” said Jared Konstanty, CEO of Signature Brands, a leading North American manufacturer of dessert decorating products, in a press release.
To read the rest of the story, please go to: Cleveland Business Journal