Sargento Foods has acquired Baker Cheese Factory, which sells string cheese that is marketed under its brand as well as various private labels.
Founded in 1916, Baker Cheese products are sold in all 50 states and its production has continued to grow over the past 20 years.
“Throughout our history we have always looked for new ways to build long-term stakeholder value,” said Louie Gentine, CEO of Sargento Foods. “We’re excited to welcome Baker Cheese and its employees to the Sargento Family. This is a great opportunity, and will allow us to continue our industry-leading growth in the marketplace.”
“We believe Sargento has the right culture, capabilities, and commitment to innovation to grow our business for generations to come,” said Brian Baker, CEO of Baker Cheese. “Our award-winning string cheese and commitment to service and quality aligns with everything Sargento seeks to accomplish. We welcome this important step toward our future.”
As privately held companies, Sargento and Baker will not disclose any financial details of the sale. Baker Cheese employs 250 people in St. Cloud, Wis., while Sargento has more than 2,000 employees at its four Wisconsin locations, as well as a remote sales team across the U.S. This acquisition will not displace any employees, the companies said.