Shore Capital Partners, Chicago, completed a recapitalization of Main Street Gourmet (MSG), Akron, Ohio.

Dawn Foods, Jackson, Mich., opened its first-ever Digital Innovation Hub, located in Boston.

The global frozen bakery products market is expected to witness sluggish growth, registering 3.1% CAGR between 2017-2022, according to the latest report by Fact.MR, Rockville, Md.

Hostess Brands, Inc., Kansas City, Mo., entered into a definitive agreement to sell its Superior Cake Products, Inc. in-store bakery business to Sara Lee Frozen Bakery, Oakbrook Terrace, Ill., for $65 million in cash.

Sara Lee Frozen Bakery opened a 10,000-square-foot R&D innovation center and test kitchen at its Oakbrook Terrace, Ill., headquarters location.

KIND Healthy Snacks, New York, entered the frozen category with the release of KIND Frozen bars.

Forno de Minas, Brazil, debuted its new Pão de Queijo (cheese roll in Portuguese), Pão de Queijo Multigrain and Pão de Queijo Cheese Sticks.

The global frozen bakery products market generated $33.87 billion in 2017, and is expected to reach $49.11 billion by 2025, growing at a CAGR of 4.2% from 2018-2025, according to a report published by Allied Market Research, Portland, Ore.

The frozen Viennoiserie baked goods segment is expected to remain dominant in the global frozen pastries market, accounting for approximately 60% value share, according to a study released by Persistence Market Research, New York.

Local Oven attributes its success to efficient and safe processes, products made under the highest quality standards and strong strategic partners, including Heat and Control, Inc., Hayward, Calif.