Lancaster Food Co. Seeks Buyer, Drops Effort To Hire New CEO

Unable to raise new capital, the idled Lancaster Food Co. has dropped its plan to hire a new leader and has put itself up for sale instead.

Charlie Crystle, co-founder and former chief executive officer, said Tuesday that the small organic bakery had selected his successor but the company “couldn’t develop new investment to bring him on.”

The four-year-old business has not set an asking price, he said.

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