Carolina Foods gets financial boost to take private label sweet baked goods capacity to next level
Carolina Foods produces enough doughnuts annually to circle the globe twice. Pic: GettyImages/sara_winter
Private equity firm Falfurrias Capital Partners has made an undisclosed investment in the manufacturer that produces nearly a million honey buns daily, as well as enough doughnuts each year to circle the globe twice.
Carolina Foods was founded in 1934 and has grown into one of the leading wholesale bakeries in the US, operating out of multiple locations across Charlotte, including a 100,000 sq. ft. manufacturing facility in Charlotte’s South End.