Mrs. Dunster’s buys Moncton’s McBuns to expand baked goods business
Mrs. Dunster's is expanding once again, announcing plans to buy McBuns Bakery in a move to boost the company's baking capacity.
Blair Hyslop, the president of Mrs. Dunster's, said the deal with the Moncton-based McBuns came down to a simple reason.
"Consumers, retailers and restaurants are driving increased demand for fresh, locally made baked goods," he said.
"To keep up with the growth we've been experiencing, we needed more baking capacity."
McBuns Bakery, which has been around for more than 30 years, sells its baked goods to a wide variety of restaurants and retail stores in the area.
Sussex-based Mrs. Dunster's recently announced it was also buying Kredl's Corner Market in Hampton.
The deal with McBuns is expected to close on Jan. 31.
The 60 McBuns employees got the news Thursday afternoon.
"I think they were a little bit surprised, then they were quite relieved to find out it was another New Brunswick company that was buying them and also a family-owned business," said Hyslop, who now has just over 140 employees in the business and will be adding 100 more in the next 90 days.
Twice a week, Mrs. Dunster's delivers baked goods to up to 700 grocery stores and 150 restaurants across the Maritimes and in Maine.
"We'll be able to take some of the best of their products and put those on our trucks and take them to market as well," he said of the McBuns pastries, decorative cakes, cupcakes and other products.