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Sara Lee Frozen Bakery to Acquire Cyrus O´Leary´s Pies to Strengthen Presence in Bakeries
Wednesday 26 February 2020

26 February 2020 - Illinois, US-based Sara Lee Frozen Bakery has agreed to acquire Washington-based Cyrus O'Leary's Pies to accelerate Sara Lee's goal of expanding its competitive presence in the in-store bakery (ISB) category, the company said.

Terms of the transaction were not disclosed. The acquisition transaction is expected to close in the coming weeks.

Sara Lee Frozen Bakery is a leading maker of frozen bakery and dessert products with bakeries in Michigan, North Carolina and Massachusetts.

Cyrus O'Leary's Pies bakes a range of fruit, cream, single-serve and seasonal pies.
Details
Date Published: 26/02/2020
Target: Cyrus O, ´Leary´s Pies
Country: USA
Sector: Food/Beverages/Tobacco
Type: Corporate acquisition
Financing:
Status: Agreed
Vendor:
Buyer: Sara Lee Frozen Bakery
Comment:
Terms of the deal were not disclosed

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