East Balt Inc., a global bakery company, has announced that it will be acquired by One Equity Partners. The transaction is expected to close before the end of 2012, subject to the satisfaction of regulatory approvals and customary closing conditions.
“We are pleased to be entering into a new chapter in East Balt’s history,” said Frank Kuchuris, CEO of East Balt. “We believe that this partnership will create exciting opportunities for our company, our customers, and our employees. My management team looks forward to working with One Equity Partners to build a world-class enterprise.”