Industry News

Brioche Pasquier Acquires Stake in Galaxy Desserts

March 19, 2012
/ Print / Reprints /
ShareMore
/ Text Size+
Brioche Pasquier Group acquired a majority stake in Galaxy Desserts.


Brioche Pasquier Group, the largest producer of brioche in the European market, acquired a majority stake in Galaxy Desserts, a producer of individual desserts and pastries. This agreement allows Pasquier to bring its line of baked goods to the American market.

Jean-Yves Charon and Paul Levitan, co-founders of Galaxy Desserts, will retain ownership in the combined venture, and together with president Pascal Pasquier and international director Fabrice Sciumbata from Brioche Pasquier Group, will continue to lead and manage the operation. Galaxy’s headquarters and production facility in Richmond, Calif., will continue to serve as the company’s base of operations.

“We are thrilled to have joined forces with Pasquier and its world-class manufacturing capabilities. We have worked well together for several years, and are thrilled at the partnership. We share the same core values along with a dedication to providing the best desserts and pastries on the market. We are excited for what we will build together in the U.S.,” says Levitan.

“The synergies of our companies-combining Galaxy’s market knowledge and the quality of their products with our industrial and commercial strengths-will enable us to continue to build our business,” says Pasquier.

Did you enjoy this article? Click here to subscribe to Refrigerated & Frozen Foods magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

OSI, 2014 Refrigerated Foods Processor of the Year

Find out how this global food provider secured a new supply chain global trading platform, opened a new culinary innovation center and continues to keep food safety top of mind.

Read cover story here.
Read plant story here.

WHEN MOTHER NATURE STRIKES...

What are some challenges your facilities face when it comes to snow, flooding, tornadoes, high winds, fluctuating temperatures and more?
View Results Poll Archive

THE MAGAZINE

Refrigerated and Frozen Foods Magazine

CoverImage

2014 March

Refrigerated & Frozen Foods' March 2014 issue features the 17th annual Top 150 Frozen Foods Processors report.

Table Of Contents Subscribe

The Refrigerated and Frozen Food Store

July 2013 Cold Packaging Materials Guide
Cold Packaging Materials Guide

A guide to cold packaging containers and materials.

More Products

Refrigerated & Frozen Foods Delivers

RFF Infographic 133x133Click here to see a snapshot of the many different ways Refrigerated & Frozen Foods delivers business and technology solutions to cold chain professionals.

Buyer's Guide

Visit our Buyer's Guide!

Refrigerated & Frozen Foods offers a Cold Packaging Materials Guide, as well as a Cold Storage Warehouse Guide, the most comprehensive listing of cold storage warehouses.

Visit the Buyer's Guide page today!

STAY CONNECTED

facebook_2014 twitter_40px youtube_40pxlinkedin_40px