StageAcquired | Acquired
Missing: David Powell Bakeries's Product Demo & Case Studies
Promote your product offering to tech buyers.
Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.
Missing: David Powell Bakeries's Product & Differentiators
Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).
Latest David Powell Bakeries News
Dec 22, 2017
11-Sep-2005 US cookie maker Rich Products has boosted its presence this side of the pond with the purchase of independent baker David Powell Bakeries.Rich has... US cookie maker Rich Products has boosted its presence this side of the pond with the purchase of independent baker David Powell Bakeries. Rich has had a sales and marketing operation in the UK since the mid 1980s, and opened its first UK factory in Kidderminster in 2002. The acquisition of David Powell will give it two additional UK sites and boost its turnover here to more than £20m, extending its product range to include bespoke premium muffins, shortbreads, ‘cinnabuns’, speciality breads and other niche sweet and savoury bakery products. Both David Powell premises in Fareham, Hampshire will remain open and see future investment. David Powell, who founded the company in 1991, will stay on as innovation director. George Thomopoulos, president of Rich Products Europe, said: “Rich has ambitious plans for the UK and this acquisition represents both a significant investment and an exciting opportunity to further penetrate the domestic market.” He added: “David Powell Bakeries has an enviable quality product offer which complements our own range of added-value products. And by having David staying on to help drive product innovation, we aim to strengthen our position as leaders in the premium category and at the same time ensure that we remain the trusted first choice supplier for our customers.” Founded in the US in 1945, Rich created the world’s first non-dairy cream. Today it has over 6,500 employees and produces 2,000 products to generate annual sales in excess of $1.7bn. Copyright - Unless otherwise stated all contents of this web site are © 2018 - William Reed Business Media Ltd - All Rights Reserved - Full details for the use of materials on this site can be found in the Terms & Conditions
David Powell Bakeries Frequently Asked Questions (FAQ)
Where is David Powell Bakeries's headquarters?
David Powell Bakeries's headquarters is located at 1 Market Avenue, West Sussex.
What is David Powell Bakeries's latest funding round?
David Powell Bakeries's latest funding round is Acquired.
Who are the investors of David Powell Bakeries?
Investors of David Powell Bakeries include Rich's.
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.