US-based food and beverage co-manufacturer Baldwin Richardson Foods has acquired New Jersey’s Pennsauken Packing Company.
Financial details were not disclosed.
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The deal has expanded Baldwin Richardson Foods’ aseptic beverage manufacturing capabilities, “accelerating its long-term commercial strategy to be a full-portfolio liquid products supplier across the food and beverage industry”, the company said.
The group first started manufacturing aseptic products with the acquisition of a production facility in Corona, California last year. It will retain Pennsauken’s customers, including unnamed CPG brands.
“At Baldwin Richardson Foods, we’re committed to finding new ways to exceed our customers’ expectations and today’s milestone supports that goal,” Baldwin Richardson Foods CEO and president Erin Tolefree said.
“Expanding our aseptic beverage manufacturing platform allows us to grow with our customers, helping them keep pace with consumer demand in a thriving category experiencing significant growth.”
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By GlobalDataThe newly acquired 240,000-square-foot site is Baldwin Richardson Foods’ fourth manufacturing facility in the US, alongside a culinary innovation centre in Westmont, Illinois.
New York-headquartered Baldwin Richardson Foods is a co-manufacturing partner to quick service restaurants, consumer packaged goods brands and foodservice businesses.
It manufactures a range of sauces, syrups, toppings and fillings as well as beverage products such as plant-based milk alternatives, fruit juices, flavoured waters, concentrates and purees, teas, bar cocktail mixes, smoothies, coffee and creamers, in a variety of bottle, carton and pouch sizes.
The company began in 1992 when Eric G. Johnson, the CEO before Tolefree, purchased Baldwin Ice Cream Company. In 1997, Baldwin Ice Cream acquired Richardson Foods from The Quaker Oats Company and became Baldwin Richardson Foods.
In 2005, the company bought the Industrial Products Division of JM Smucker.
