Gryphon to buy Lawler Foods, combine with Original Cakerie

U.S. private equity firm Gryphon Investors has agreed to acquire Lawler Foods Ltd, a Humble, Texas-based maker of gourmet cheesecakes, layer cakes, pies and other desserts. No financial terms were released for the deal, which is expected to close this month. Gryphon said Lawler will be part of the same premium dessert platform as The Original Cakerie, a Canadian manufacturer of frozen desserts. Gryphon acquired a majority stake in the Delta, British Columbia-based company in December, calling it "a uniquely attractive platform for expansion in the North American baked goods sector."

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