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Article: Monroe baking mix manufacturer acquired
- Article from:
- Toledo Business Journal
- Article date:
- April 1, 2005
- Author:
CopyrightCopyright Telex Communications, Inc. Apr 01, 2005. Provided by ProQuest LLC. (Hide copyright information)
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Loretta Baking Mix Products Ltd. (LBMP), a wholly owned subsidiary of Loretta Food Group Inc., has acquired all the assets formerly of Amendt Corporation from Monroe Bank & Trust (MBT), excluding real estate. Pursuant to the terms of this acquisition, MBT received cash and shares of LBMP's Class A preferred stock.
Amendt has been a manufacturer of a range of baking mix products, including cake mixes, pancake mixes, brownie mixes, pizza crust mixes, and coating mixes. The predecessor company to Amendt began as a flour milling company over 180 years ago, and had evolved into a blender of flour-based baking mix products. The company has manufactured baking mixes, under its brand name, ...