May 19, 2013
Friday, October 8, 2010
LANCASTER, Pa. -- Auntie Anne's, the Pennsylvania company that grew from a one person rolling pretzels to a global snack stand, is being sold to Focus Brands.
WGAL reports that the company confirmed Thursday night that it will be sold to Atlanta-based Focus Brands, an affiliate of the equity firm Roark Capital Group, with the deal expected to be finalized next month. A purchase price was not disclosed.
There was no immediate word if any of the company's 220 full-time and 119 part-time employees would be affected.
Lancaster-based Auntie Anne's says it is the world's largest franchiser of hand-rolled soft pretzels with more than 1,000 locations worldwide.
(Copyright 2010 by The Associated Press. All Rights Reserved.)
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