March 2002 - Harlan Bakeries announces
acquisition of A.C.E Baking Company, Inc. 
Avon, IN - March
4, 2002 - Harlan Bakeries, Inc., announced the acquisition
of A.C.E. Baking Company, Inc., at 1803 E. 58th Avenue,
Denver Colorado.
The A.C.E. Baking Company, Inc., facility
produces many varieties of freshly baked bagels, frozen
bagels, and mini bagels for numerous private label and
in-store bakery customers as well as the "Rocky
Mountain" brand bagel.
"With the acquisition of A.C.E.
Baking Company, Inc., Harlan Bakeries, Inc., gains considerable
operating expertise and adds a strong growth platform
for extending our distribution territory to the Western
U.S.," said Doug H. Harlan, Executive Vice-President
of Harlan Bakeries, Inc. headquartered in Avon, Indiana.
Harlan Bakeries, Inc., has indicated that it intends
to retain A.C.E. Baking Company, Inc.'s management team
and employees. It is expected that both companies will
retain their individual identities while consolidating
their corporate infrastructure.
"This purchase will complement
Harlan Bakeries, Inc.'s growth strategy and will allow
both companies to better meet our customer's expectations
of the highest level of quality and service," said
Kevan Johnson, Vice-President of A.C.E. Baking Company,
Inc. "We look forward to a mutually beneficial
partnership with Harlan Bakeries, Inc."
Recently, Harlan Bakeries, Inc., was
recognized as one of Indiana's leading high potential,
high growth companies by Indiana University's Johnson
Center for Entrepreneurship & Innovation at its
8th Annual Growth 100 Award. Harlan Bakeries, Inc.,
has received the Growth 100 Award for the 7th consecutive
year.
Harlan Bakeries, Inc., is a privately
owned company established in 1991 and produces the Harlan
Bigger Better Bagel® and Harlan Giant Gourmet Bagel®
brands, private-label bagels, par-baked bagels, pre-proofed
frozen raw dough, and many other frozen baked goods.
The 180,000+ square foot facility houses multiple production
lines including a recently completed new frozen warehouse
expansion of over 20,000 square feet.
For sales information, please
contact Joseph E. Latouf, Executive Vice-President of
Sales and Marketing at jlatouf@harlanbakeries.com
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