Furlani Foods acquired by Arbor Investments

Furlina Foods, a manufacturer of garlic bread products, has been acquired by Arbor Investments (Arbor).

The manufacturer, headquartered in Mississauga, Ont., produces a range of breads including garlic Texas toast, cheese bread, breadsticks and garlic knots. Products are sold to consumers under the Furlani and Cole’s brands, as well as through grocery retailer private-labels.

Arbor, based in Chicago, is a private equity firm focused on acquiring companies in food, beverage and related industries. It reports it has invested in 19 baking businesses to date.

“Jonathan and the Furlani team have established themselves as leaders in the specialty garlic bread category by making significant investments in capacity and innovation over the years,” said John Jordan, president, Arbor Investments, in a press release. “The company’s next phase of expansion will require more of the same–continued investment in growth CapEx and compelling innovation to meet the needs of their customers. This aligns seamlessly with Arbor’s playbook and we look forward to partnering on this next chapter together.”

Terms of the transaction were not disclosed. Furlani CEO Jonathan Kawaja and the manufacturer’s senior leadership team will continue in their current roles.

“Throughout the process, it became clear Arbor would be an excellent fit for Furlani,” said Kawaja in the release. “Arbor’s know-how and resources in the baking industry, combined with a shared vision positions us well to continue serving our customers and consumers at the highest level.”