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Oak Point Partners acquires remnant assets of the Archway Cookies, LLC bankruptcy estate

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July 21, 2016 – Oak Point Partners acquired the remnant assets of the Archway Cookies, LLC Bankruptcy Estate in July 2016. On October 6, 2008, Archway Cookies, LLC filed a voluntary chapter 11 petition in the United States Bankruptcy Court for the District of Delaware, assigned Case No. 08-12323. Thereafter, the case was converted to chapter 7, and a trustee was appointed to liquidate the remaining assets of the estate.

About Archway Cookies, LLC

Founded in 1936 in Battle Creek, Michigan, Archway Cookies was a maker and distributor of branded and private label cookies, such as Salerno and Mother’s cookies. Archway Cookies struggled with the rise of raw ingredient cost. The company’s biggest draw is the variations of its original oatmeal cookie, accounting for 40% of sales. In addition to its oatmeal cookies, the company had a line of 60 varieties. Customers over the age of 50 were the primary market for the company. In the late 1980s, the company became more health-conscious and removed saturated fats from its products. Archway was sold to Specialty Foods in 1998, making them the third largest cookie baker in the US. At its peak, Archway employed 180 people.

Archway Cookies also operated as Mother’s Cake & Cookie Co, Mother’s Cookies, and Archway.

The former headquarters of Archway Cookies was located in Battle Creek, MI.

Related Entities: BF USB, Inc., Mother’s Cake & Cookie Co, Mothers Cookies, Mrs. Alison’s, Parmalat Bakery Group

Archway Cookies – OPP Sale Order (dkt 1413)

The post Oak Point Partners acquires remnant assets of the Archway Cookies, LLC bankruptcy estate appeared first on Daily Bankrupt Company Updates | Bankrupt Company News.


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