They sold their stake in the new deal with Lancaster, Mike said. Mike and Stacey Marsh retained a 35% stake in Flatout following the 2010 transaction. North Castle, which specializes in consumer health products, as well as Glencoe Capital and other private shareholders have sold the entire company for cash to Lancaster. The company, one of Washtenaw County's most successful food start-ups, was partially sold in 2010 to private equity firm North Castle Partners and Glencoe Capital. The company has about 150 employees at its factory in a Saline industrial park. I think the growth will just continue on."įlatout reported $42 million in net sales in 2014. "They wouldn't have made the investment if they didn't think they could continue to grow it. "We found a home with a very good strategic company that's been in the food business since the 1990s," Marsh said. is expected to maintain and expand Flatout's current operations. Mike and Stacey Marsh, husband-and-wife entrepreneurs who founded and grew Flatout, are expected to continue running the flatbread maker's bustling operation in Saline. purchased Flatout Holdings Inc., which is based about 10 minutes south of Ann Arbor. It does not store any personal data.A publicly traded specialty foods maker has acquired a Saline-based manufacturer of a popular line of wraps and flatbreads for $92 million.Ĭolumbus, Ohio-based Lancaster Colony Corp.'s subsidiary T. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookie is used to store the user consent for the cookies in the category "Performance". This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. The cookies is used to store the user consent for the cookies in the category "Necessary". The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The cookie is used to store the user consent for the cookies in the category "Analytics". These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. Save the extra hummus as a spread on wraps or as a dip for vegetables. I don’t add whole lot extra to this because the artichokes are already marinated, but you should adapt the flavors to your own liking. This shouldn’t take more than a few minutes. Just combine all the ingredients into your blender or chopper until it is smooth and creamy. It’s really more of a thick dip or spread, but I like to call it hummus because it just sounds more Fah-ancy. If you’re having a party or just need a quick healthy snack, this should do the trick.Įven though these flatout chips are delicious on their own, I like to serve them up with a faux Artichoke and White Bean Hummus. I like to break mine up with a pizza cutter but you can also use your hands. I Bake the bread in the oven until it becomes crispy enough to be a chip. My newest obsession is toasting my flatout bread with a little extra virgin olive oil and garlic salt, and then baking it up to make flatout chips.
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