date:Sep 07, 2012
US-based Markel Ventures has acquired Reading Bakery Systems, a designer and manufacturer of industrial baking systems for the production of crackers, pretzels, cookies and other baked snacks.
The terms of the transaction were not disclosed. Terry Groff, chief executive of Pennsylvania-based Reading, described the deal as a partnership that would enable the company to continue growing.
After 40 years of building the company my father established, I sought to find a strong partner that would co