Hearthside Food Solutions

Hearthside is the food industry's largest contract manufacturer, and largest private bakery. 20 facilities produce high quality consumer baked foods, snacks and packaging services. We provide customers with a combination of quality, scale, dependability and product integrity that is unequaled in the modern contract manufacturing chain. Primary product categories include bars, cookies, crackers, components, and other baked foods and snacks. Hearthside is also one of the industry’s largest contract packagers of food products. Today Hearthside operates 24 production facilities, including three in Europe, and is a volume leader in multiple product categories. Hearthside was founded in 2009 on the belief that food contract manufacturing was ripe for innovation and reinvention. Founder Rich Scalise believed that a company combining the speed, flexibility, and innovative drive of a startup with the scale, depth quality, and capacity of a world-class manufacturer would create new value for customers. The result is Hearthside, a highly flexible world-class contract manufacturer, and one of the fastest growing companies in the food industry. On the surface, a contract manufacturer may not stand out. They even may look alike. Take a closer look however and there are big differences. Add them up and they can create sustained competitive advantage for Hearthside’s premier food customers. Our investments and commitments to quality, safety, speed, innovation, and value set new standards of industry performance. For our customers, this translates into value propositions that include Quality, Speed-to-Market, Innovation, and Flexibility.

Nick Hewitt

CFO

5 past transactions

Greencore USA

Acquisition in 2018
Greencore USA is a leader in frozen contract packaging and a top producer of refrigerated, fresh-made sandwiches, entrees, and salad kits.
Standard Functional Foods Group is a contract manufacturer of nutritional and healthy snack bars. The company was established in 1901 as the Standard Candy Company and is credited with inventing the world’s first combination candy bar, the “Goo Goo Cluster.” Today, the company is known for much more than its vanguard confectionary history. A new era of food innovation in the nutraceutical and healthy food category led to the establishment of Standard Functional Foods Group in 1999. Known for its flexible, multifaceted manufacturing capabilities, Standard Functional Foods Group attracts many clientele, including Fortune 500 food companies, by delivering cutting-edge manufacturing capabilities. Standard Functional Foods Group has a fully-equipped research and development lab and expertise in a wide-range of food categories including: whole foods, weight management, functional foods, sports nutrition/energy and healthy snacks. The company maintains a high caliber and well-equipped research and development team. With in-depth knowledge and broad experience, Standard Functional Foods Group specializes in formulating unique product designs and the latest nutrition innovations.

Oak State Products

Acquisition in 2016
Oak State Products is manufacturer of cookies, bars and other baked foods located in Wenona, Illinois.

B.V. Vurense Snack Industrie

Acquisition in 2015
VSI is European market leader in the production of functional food bars. The company from Leerdam develops and manufactures high-quality bars for (amongst others) health, weight management and sports nutrition purposes. The company has a unique R&D capacity, which enables it to develop innovative and client-specific solutions. NPM acquired a 56% interest in the company in 2012 and sold it to Hearthside in 2015. During its period as a shareholder, NPM has assisted VSI in professionalizing and optimizing several businesses processes. With Hearthside strong global presence, VSI has found the perfect shareholder to accelerate its international growth strategy.

Ryt-way Industries

Acquisition in 2013
Integrated capabilities: 3 businesses, 1,300+ packaging pros, pro-active project teams. Ryt-way collaborates with their customers to understand the requirements to create a solution that delivers marketplace success and they follow it up with with continuous improvements. A leading dry food contract packager in North America. For primary and secondary packaging solutions, Ryt-way delivers flexibility, scale, and commercialization expertise. A leading design/build packaging equipment company. A range of packaging equipment for pouch and packet products, and thermoform applications. The only vertically-integrated breadcrumbs supplier in the U.S., representing over 60 percent of the breadcrumbs produced.
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