Duff & Phelps Advised Pace Processing and Product Development Ltd. on Its Sale to Bond Bakery Brands Limited

or to bookmark this page

Click here to bookmark this page

Click here to remove bookmark

has been acquired by

Duff & Phelps Advised Pace Processing and Product Development Ltd. on Its Sale to Bond Bakery Brands Limited

Contact Us

On October 2, 2020, Pace Processing and Product Development Ltd. (“Pace” or the “Company”), was acquired by Bond Bakery Brands Limited (“Bond” or the “Buyer”).

Duff & Phelps served as the exclusive financial advisor to the shareholders of Pace and provided sell-side M&A advisory services in connection with the sale to Bond.

About Pace Processing and Product Development Ltd.
Pace Processing, headquartered in Surrey, BC, is a leading bakery and food solutions manufacturer specializing in pizzas, cakes and other sweet & savoury baked goods that services retail & food service customers in Canada and the United States. Pace also provides co-packing and R&D services to food manufacturing companies. Stikeman Elliot LLP acted as legal advisor to the shareholders of Pace.

About Bond Bakery Brands Limited
Bond Bakery Brands Limited is a stakeholder-focused investment platform accelerating the growth of bakery companies, with a mission to show that food companies can both grow and be impact-leaders. Bond’s portfolio of bakeries includes Portofino Bakery Ltd. and Pace Processing and Product Development Ltd., employing more than 550 people through seven facilities in Canada. Wildeboer Dellelce LLP acted as legal advisor to Bond.

2020-10-13T00:00:00.0000000 /-/media/assets/images/transactions/2020/pace-processing.png /-/media/assets/images/transactions/2020/bond-bakery-brands.png /about-us/transactions/m-and-a/sell-side-advisor-pace-processing case study {D59CA77E-C551-45A3-BE89-F567210C5A60} {6D429BE3-2AAB-4D83-AD34-8DB8DAB79D3E} {5CE144D0-ADDC-43A3-95E4-3428CA819BF8} {4DACD310-421A-42AC-BEF4-8AA7E70484CD} {D3AE3EC6-3254-4441-B111-1AF8D558906C} {6B6F3B01-98A6-4BC2-B2CD-CBD127447FB5} {9B44E83A-E993-4902-AAE0-82849CEAD728} {B35EF5AE-20CE-49EC-807A-1101A09BBAED} {B871D4F9-5FCB-40B9-8710-871A30B710AB} {8B567795-B583-4828-A124-5795766A905E} {1BC813A1-26BB-475E-984B-6DB5EE303E3F}

Other Areas We Can Help

Corporate Finance

Corporate Finance

Comprehensive support throughout mergers and acquisitions and other corporate transactions.

Corporate Finance
Corporate Finance

M&A Advisory

Middle-market M&A advisory differentiated by industry expertise and superior deal execution.

M&A Advisory

Transaction Advisory Services

Seamless analytical advisory through the deal continuum, from transaction origination to closing.

Transaction Advisory Services

Related Case Studies

Insights

M&A Advisory

SPAC Market Report – Spring 2021

M&A Advisory
M&A Advisory

Industrial Distribution Newsletter – Spring 2021

M&A Advisory
M&A Advisory

Apparel Quarterly Update – Winter 2021

M&A Advisory

News