Baking & Snack - February 2021 - 36

CROWN BAKERIES

they just need to know that Crown Bakeries has the
plants to handle whatever they need, " she said. " We react
quickly and give them service like they're the only customer that we have, and we handle things like a teenytiny business would - immediately. On the other side
of it, we have the scale, power and the resources with the
most automated equipment in the world, including the
latest in packaging technology, to partner with the largest food companies in the world. "

Long way in a short time
It certainly didn't take much time to form the new partnership. Cordia Harrington recalled the initial conversations occurred in June 2019 while dining during an
American Bakers Association meeting with Yianny
Caparos and Greg Purcell, Arbor's co-founder and CEO,
whom she had known for 20 years. Months later, the
deal was completed.
" I learned about the details of their successful work
together, and it was just magic, " she said. " They really
understood the industry and the capital that's needed to

make the investments needed to keep the bakeries running smoothly, and to grow. "
The key, she added, involved having the resources to
take Crown Bakeries to a new level while maintaining
career advancement opportunities for its 700 employees.
" With this partnership, we have the best of both
worlds, " Cordia Harrington said. " We have the capital
that we needed, and we have the culture of taking care
of our people. "
In addition to Arbor's support, it quickly became apparent that the Caparos brothers and Cordia Harrington
brought complementary strengths from an operations
and customer service level.
" Cordia has so many different business relationships,
and the relationships we have are different from hers, "
Yianny Caparos said. " We fit so well together because
we both bring a wider network of potential customers to
the plate. "
Together, he added, the parties are aligned on where
to take the new business and how to ambitiously grow
revenues in the next few years.

SEPARATION ANXIETY?

I

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Baking & Snack - February 2021

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