Mrs. Dunster’s interest in Koffee Kup Bakery
BURLINGTON, Virginia — The husband-and-wife duo Blair and Rosalyn Hyslop, who manage Mrs. Dunster’s Bakery in New Brunswick, declared on May 28 that they planned to purchase Koffee Kup Bakery. Serving clients in the Northeast and Mid-Atlantic, Koffee Kup Bakery is a Burlington-based producer of baked goods, such as bread, donuts, and English muffins. On April 26, the business closed its three baking locations in North Grosvenor Dale, Connecticut; Burlington, Vermont; and Brattleboro, Vermont.
Mr. Hyslop remarked, “We are excited to announce today that we have formed a new company, called North Atlantic Baking Co.” We’ve been informed that North Atlantic Baking Co. is the company that wants to buy the Koffee Kup assets, therefore we’re working rapidly to wrap up discussions.
According to Mr. Hyslop, the strategy calls for running the two bakeries in Vermont while also starting talks with potential buyers to sell the Superior Bakery in Connecticut.
In order to enable a prompt return to baking in the Burlington and Brattleboro bakeries, “North Atlantic Baking Co. is actively negotiating a leasing agreement with the receiver; we are hopeful to have this completed within a few days,” Mr. Hyslop stated. “We can promptly resume staff work and put products back on the shelves thanks to the lease agreement, while we work through the formal transfer of assets, the specifics of which have been largely agreed upon.”
In the event that the deal is completed, Mr. and Mrs. Hyslop would continue to be in charge of Mrs. Dunster’s while sharing ownership and leadership of the North Atlantic Baking Co. Donuts, cookies, brownies, crescents, bread, rolls, and other baked goods are all baked by Mrs. Dunster’s.
You may also like:
Food security in emerging nations: issues and remedies
Are drinks the secret to increasing cannabis use among consumers?
Managing the lack of labour for mushroom picking
“We are thrilled to see the business return to family ownership,” Ms. Hyslop stated. “We have been dreaming for many years of expanding our reach to the rest of New England. We already transport our fresh baked goods to every store in New Brunswick, Nova Scotia, Prince Edward Island, and the state of Maine several times a week with Mrs. Dunster’s. We are eager to collaborate with these gifted and committed people, and we are prepared to commit our knowledge, energy, and resources to this initiative.
Established in 1940 with the goal of producing and delivering donuts to small Burlington businesses on bicycles, Koffee Kup Bakery gained momentum after acquiring Vermont Bread Co. in 2013. Since then, it has expanded to become a company that supplies its goods to over 4,500 delivery locations via a network of 135 routes.
After Koffee Kup Bakery abruptly closed, Matthew Chaney, an employee of Vermont Bread Co., filed a class action complaint against the company on April 29 in the US District Court, District of Vermont.
Mr. Chaney is requesting $5 million in damages for ERISA benefits and 60 days’ compensation on behalf of the 500 “similarly situated employees” of the corporation who were fired on April 26 without cause. The lawsuit claims that Koffee Kup neglected to give the workers the 60-day written notice in advance that they were entitled to under the federal Worker Adjustment and Retraining Notification Act (WARN). Companies with more than 100 employees are required by the WARN Act to give 60 days’ notice of a factory closure and of mass layoffs involving 50 or more workers at a single location.