DOWNERS GROVE, IL — To say the baking industry has changed would be the understatement of the decade. But for contract manufacturing in particular, the evolution is dramatic. What was once considered a resource based strictly on volume and capacity is now often a centrifuge of innovation for bakery brands of all types and sizes.
For Downers Grove, IL-based Hearthside Food Solutions, serving as a world-class resource for not only production efficiency but also speed to market means innovating on all fronts. Acquisition activity — on both sides — has enabled Hearthside to change how it serves customers and the industry.
“In 2018, an important milestone came together,” said Darlene Nicosia, CEO of Hearthside. “Both Partners Group and Charlesbank came together to acquire Hearthside and create the businesses between Hearthside, at the time, and [refrigerated and frozen producer] Greencore. That really gave us new capabilities in the fresh, refrigerated and frozen side of consumer packaged goods. To build the 34 plants in our infrastructure, it’s really been through thoughtful acquisitions and looking at what categories our customers play in.”