Due Diligence – Baked Goods and Gluten Free Bakery

Commercial and Operational Due Diligence


Baked Goods and Gluten Free

Markets Covered:



Food Strategy Associates provided commercial and operational due diligence in our client's evaluation of a baked goods and gluten free company


The target was a manufacturer of retailer brand morning goods, bread and  gluten-free products.

We were appointed by a private equity fund participating in the sale process to provide commercial and operational due diligence.

We reviewed the VDD and interviewed the consultants who produced the document. We analysed scan data, conducted store audits and undertook interviews to develop a deeper understanding of market dynamics and trends, particularly in retailer brand.

We reviewed the site operations and plans for new facilities.

We evaluated the plan and identified upsides and risks.

Ultimately our client did not pursue the acquisition of the target.