Food and Beverage Business
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Brooklyn Brands, a US dessert manufacturer, acquired by Japanese baker Taguchi

Brooklyn Brands, a US dessert manufacturer, acquired by Japanese baker Taguchi Food and Beverage Business

US-based baked-goods producer Brooklyn Brands has been acquired by Japanese bakery Taguchi for an undisclosed amount. The deal marks the first significant acquisition of a US dessert manufacturer by a Japanese bakery. Founders Seth Zalkin and Mickey Klein will continue to lead Brooklyn Brands from New York, with all 200 employees remaining on board. Taguchi plans to introduce its products to the US market, while Brooklyn Brands will sell bakery items in Japan. Astor Group, the parent company of Brooklyn Brands, is actively seeking additional acquisitions to further expand its baked goods platform in the US.

The acquisition fee for Brooklyn Brands was confirmed to be in the eight-figure range by Zalkin, who is also a managing partner of Astor Group. He expressed excitement over the opportunity to grow internationally with Taguchi’s support, stating that it represents a milestone for both Astor Group and Brooklyn Brands. Zalkin revealed that Brooklyn Brands produces over 18,000 babkas daily and distributes them to more than 10,000 US retailers, including Kroger and Whole Foods.

Klein, also a managing partner at Astor, emphasized the company’s commitment to delivering authentic and delicious products. He announced that Brooklyn Brands will continue to expand its bakery business and cater to consumers across North America, Asia, and the rest of the world. Additionally, Zalkin mentioned plans to introduce a new brand from Brooklyn Brands early next year.

Founded in 1949, Taguchi is a third-generation family bakery business known for its sweet pastries and snacks. Its products are sold in retail and convenience stores worldwide, spanning multiple countries such as the US, Canada, Brazil, Australia, New Zealand, Malaysia, Thailand, Singapore, and China.

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