M&A Deal Summary

Great Harvest Bread Company Acquires Montana Mills Bread Co.

On November 1, 2004, Great Harvest Bread Company acquired food company Montana Mills Bread Co. from Krispy Kreme

Acquisition Highlights
  • This is Great Harvest Bread Company’s 1st transaction in the Food sector.
  • This is Great Harvest Bread Company’s 1st transaction in the United States.
  • This is Great Harvest Bread Company’s 1st transaction in New York.

M&A Deal Summary

Date 2004-11-01
Target Montana Mills Bread Co.
Sector Food
Buyer(s) Great Harvest Bread Company
Sellers(s) Krispy Kreme
Deal Type Divestiture

Target

Montana Mills Bread Co.

Rochester, New York, United States
Montana Mills operates upscale specialty bakeries and cafés offering a broad range of all-natural, freshly baked specialty and basic breads along with several varieties of baked goods, beverages and gift items.

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Buyer(S) 1

Buyer

Great Harvest Bread Company

Dillon, Montana, United States

Category Company
Founded 1976
Sector Franchising
DESCRIPTION

Great Harvest Bread Company is a franchise fast-casual bakery and café concept with approximately 175 locations across the U.S. Great Harvest Bread Company was founded in 1976 and is based in Dillon, Montana.


DEAL STATS #
Overall 1 of 1
Sector: Food M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2004 M&A 1 of 1

Seller(S) 1

SELLER

Krispy Kreme

Charlotte, North Carolina, United States

Category Company
Founded 1937
Sector Restaurants
Employees22,800
Revenue 1.7B USD (2024)
DESCRIPTION

Krispy Kreme is a branded specialty retailer and wholesaler of sweet treats and complementary products, including its signature Original Glazed doughnut. Krispy Kreme was formed in 1937 and is based in Charlotte, North Carolina.


DEAL STATS #
Overall 1 of 2
Sector: Food M&A 1 of 2
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2004 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-02-21 Digital Java

Chicago, Illinois, United States

Digital Java, Inc. is a Chicago-based coffee company. As a sourcer and micro-roaster of premium quality coffees, Digital Java offered a broad line of coffee-based and non-coffee beverages.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-20 Insomnia Cookies

New York, Pennsylvania, United States

Insomnia Cookies is a cookie delivery company specializing in brownies, cookie cakes, ice cream, and even cold milk. Insomnia Cookies was founded in 2003 and is based in Philadelphia, Pennsylvania.

Buy -