Equity firm buys West Coast organic bakery
New York-based Charterhouse Group has acquired a majority stake in Rudi's Organic Bakery of Boulder, Colorado. Charterhouse will add Rudi's to its current stable of organic bakeries, The Vermont Bread Company and New Jersey based Adams Baking Company. The new company will be known as Charter Baking Company. The new company is expected to generate about $50 million in sales this year.
Read more on this story at Rocky Mountain News.
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