Arbor’s sale of Rise Baking is said to hit second round


Arbor Investments, Rise Baking, food, private equity, merger, M&A, bakery
Photo of oatmeal cookies with a glass of milk courtesy of Dan Meshkov/iStock/Getty Images
  • Arbor acquired New French Bakery in 2013
  • Riverside Co agreed to sell Tate’s to Mondelez
  • Rise Ebitda estimated at $50 mln for full-year 2018
Arbor Investments’ sale of Rise Baking Co is heating up. The auction is in the second round, with private equity firms and strategics vying for the Minneapolis baking company, three sources said. Final bids have not been set but are expected in early ...

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