Major Pico Rivera-based baking supply and distribution company BakeMark USA was acquired on Monday by London-based investment manager Pamplona Capital.
The company, which has three manufacturing facilities and distribution centers in North America, was sold by parent organization CSM Bakery Solutions, based in Sandy Springs, Ga.
CSM Bakery Solutions, which reports annual revenue of more than $3 billion, announced in April that it was looking to sell BakeMark.
A BakeMark spokesman didn’t immediately return a request for comment.
Caroline Anderson is a staff reporter covering retail, restaurants and hospitality. She can be reached at [email protected].