Puratos and Dawn Foods announced that the companies have entered into a definitive agreement under which Puratos intends to acquire Dawn Foods, subject to all customary regulatory approvals.

For more than a century, Puratos and Dawn Foods have each built strong and trusted businesses with a passion for providing high-quality products, inspiration and partnership to the professional bakery world. Founded in 1919 and 1920, respectively, these family–owned companies have grown with a deep sense of purpose, guided by a long–term vision and a people–first culture that continues to inspire their teams and customers alike.

Puratos and Dawn Foods have developed distinct and complementary capabilities, both serving professional bakers, pastry chefs, retailers and food manufacturers by translating consumer trends and insights into ingredient solutions.

Dawn Foods, with operations across North America, Europe, AMEAP and Latin America, is widely recognized for its expertise in authentic American sweet baked goods and ingredient solutions for applications such as donuts, muffins, cookies and brownies. Its innovation model is driven by the creation of product concepts, seasonal inspiration and customer-ready solutions that enable bakeries to differentiate and optimize their assortment. Dawn Foods also operates highly efficient production facilities that deliver quality and reliability at scale and has a strong distribution network, particularly in North America.

Puratos complements this with expertise across bakery, patisserie and chocolate, including fermentation, sourdough, grains and seeds, patisserie classics and chocolate craftsmanship. Its innovation approach is strongly rooted in ingredient technology and long-term R&D, translating food science into differentiated ingredient solutions. Puratos operates technology-driven manufacturing sites designed to integrate advanced functionality and more tailored production and serves customers through a global network of local subsidiaries active in 87 countries.

The combination would bring together complementary innovation engines - Dawn Foods' application-led creativity and Puratos' R&D-led ingredient technology - alongside complementary production models. Dawn Foods' large-scale, standardized manufacturing and Puratos' more flexible and tailored production. It would also connect Dawn Food's extensive North American distribution footprint with Puratos' broad international subsidiary network.

These combined capabilities would allow Puratos to better serve customers whose needs increasingly span both efficient mainstream production and more technology-driven solutions, across a wider range of bakery and sweet goods applications, than either Puratos or Dawn Foods can do alone. This combination would also reinforce a long-term commitment to innovation, food science and the continued development of people and capabilities across both organizations.

The transaction is expected to be completed by the end of 2026, subject to the receipt of all required regulatory approvals. Until the transaction is complete, Puratos and Dawn Foods remain fully independent companies and will continue to operate separately. There are no changes to day-to-day operations, customer relationships or commercial arrangements.