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Rise Baking Company, one of the leading bakery manufacturers in the US, has completed its acquisition of Jimmy’s Gourmet Bakery. The acquisition will strengthen the company’s position in the cookie category while significantly expanding its manufacturing and innovation capabilities in the Northeast.

Global frozen bakery player Vandemoortele has acquired the remaining shares of US-based Banneton Bakery, taking full ownership of the company. The acquisition marks an important step in Vandemoortele’s North American growth strategy.