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Global Industry: SPC Acquires Bäckerhaus Veit

Hamburg. (bm) Swander Pace Capital (SPC), a leading private equity firm specializing in investments in consumer products companies, has acquired Bäckerhaus Veit Limited, a leading producer of artisan, European-style breads, rolls, buns and soft pretzel products for top-tier retail and foodservice customers across North America. Founded in 1987 by award-winning entrepreneur and CEO Sabine Veit, Bäckerhaus Veit draws on more than 90 years of family heritage in the baking industry, dating back to Veit’s family roots in the Stuttgart region, state of Baden-Wuerttemberg, Germany. Other topics of the week: