NMC takes over Kraft Heinz Bakery in Maryland

US-based asset disposition firm New Mill Capital (NMC) has acquired the former Kraft Heinz bakery in Federalsburg, Maryland.

The financial details of the transaction have not been disclosed by either company.

Located in Caroline County, the newly acquired bakery is spread across 103,000ft², which previously served as bread and dehydrated product production operation for Stove Top Stuffing.

New Mill Capital Holdings principal Tom Murray said: “This is a great opportunity for anyone looking for expanded bread production capacity and the ability to also produce a dehydrated bakery or crouton-type of product.”

According to the terms of the deal, NMC will be acquiring all the major production equipment that was used in the plant.

 The equipment available in the plant can be used by the operators to immediately produce bread products, as all bulk powder handling, and gas fired tray ovens are ready to use.

New Mill Capital Holdings principal Eric Weiler said: “Much of the equipment is late model. With three complete drying lines and bulk packaging, the plant offers significant options for an operator going forward.”

Eric Weiler oversees the firm’s food processing and packaging disposition efforts.