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Sterling Foods Acquires Caravan Trading Co.

Sterling Foods II Inc., a portfolio company of TGF Management Corp. and Austin Ventures, has announced Sterling Foods’ acquisition of Caravan Trading Co. The financial terms were undisclosed.

Founded in 1975, Caravan is a family owned and operated wholesale bakery that produces baked goods for the wholesale, military, food service, and retail industries. Operating out of two production facilities in Union City, CA, Caravan is one of the largest bagel-producing companies on the West Coast and serves some of the most respected retailers and manufacturers in the food industry. The company recently expanded its production capacity to serve the rapidly growing ‘thin’ (low-calorie) segment of the baked goods market. Caravan also produces other baked goods products such as frozen Danishes, croissants, puff dough, sweet goods, pound/coffee cakes, muffins, cinnamon rolls, scones, pita bread, specialty breads, Hispanic pastries/pan dulce, Mexican breads, and bagel sandwiches. For more information, visit www.caravantrd.com.

Founded in 1971, Sterling is a leading supplier of baked goods, as well as a provider of gourmet bakery items to the food service, military, and retail industries. Based in San Antonio, Sterling's products include a wide variety of specialty and gourmet baked products such as brownies, cakes, cookies, snack breads, soft pretzels, muffins, scones, pizza crusts, and biscuits. Sterling is the largest supplier of shelf stable bakery products to the military and also provides products to the K-12 educational market, weight management industry, and other specialty commercial markets. Its products are sold in nationally recognized restaurant chains, leading supermarkets, and club stores. For more information, visit www.stirlingfoods.com.

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