New York artisan baker to receive infusion of capital
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NEW YORK — Kuzari Group, L.L.C. has formed a strategic partnership with the owners of Rollo Mio Artisan Bakery to provide capital to increase production and distribution capacity for Rollo Mio’s products. Founded in 2005, Rollo Mio makes and distributes artisan bread and baked goods in the New York metro area.
Manfred Hildebrandt and his son, Stefan, founded Rollo Mio. The company’s products are sold to service hotels, restaurants, food service cafeterias, city and country clubs, schools, universities, sporting arenas and events as well as catering companies.
“We are thrilled with Kuzari’s involvement in Rollo Mio and are confident that the company is at the dawn of the next stage of its growth, based on our core values of quality products and exceptional customer service,” said Stefan Hildebrandt, president of Rollo Mio.
As part of the partnership, the Kuzari Group has brought in Christian Matthaeus to work with the existing management of Rollo Mio on product development. Mr. Matthaeus, who will be vice-president of new product development, has nearly a decade of general and financial management experience, and he is also an experienced baker, having trained at the French Culinary Institute and Orwasher’s Bakery in New York.
“New Yorkers are expecting higher quality food products all the time, and New York bakeries are producing world class artisan breads to match,” Mr. Matthaeus said. “I am honored to be joining Rollo Mio, one of the leading artisan bakeries at such an exciting time.”
HT Capital Advisors, L.L.C. acted as exclusive financial adviser to Rollo Mio L.L.C. and Stefan and Manfred Hildebrandt.