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Baker & Baker

Full company profile

uuid000a12l

Namestring
Baker & Baker
Legal namestring
BAKER & BAKER Germany GmbH
Company typeenum
Private
Founded yearint
2000
Descriptiontext

Baker & Baker is a European bakery convenience products manufacturer headquartered in Klagenfurt, Austria, with a primary holding entity in Bremen, Germany. The company operates 12 manufacturing sites across six to seven European countries and employs more than 2,500 people, producing more than five million bakery products per day for distribution across more than 30 markets in Europe, the Middle East, and North Africa.

The company's product portfolio combines seven owned brands — Baker & Baker, Black Label, Croexsa, Concadoro, Goldfrost, Molco, and Artisal — with seven exclusive licensed brands including Milka, Oreo, Cadbury, Cinnabon, Daim, The Simpsons, and Philadelphia. Products span sweet and savoury categories including frozen dough, croissants, muffins, donuts, cookies, cakes, laminated pastries, pretzels, and savory snacks, serving retailers, food service operators, wholesalers, and traditional bakeries through enterprise field sales with category management, R&D co-development, and POS merchandising support.

The business operates a B2B revenue model across four channels (retail, food service, wholesale, traditional bakeries), combining own-label manufacturing for retail and food service accounts with proprietary branded sales. Licensing partnerships with Mondelez, Disney, and Cinnabon generate royalty-inclusive revenue for branded fresh-bakery products. The group structure encompasses 13 wholly-owned national subsidiaries across Europe plus Middle East and CEE offices, with reported annual turnover in excess of €600m. John Lindsay serves as Chief Executive Officer, with Jürgen Rosar, Kristina Weiß, and Matthew Acheson serving as Geschäftsführer of the German primary operating entity.

Short descriptiontext

Baker & Baker is a European leader in the bakery convenience segment, manufacturing frozen and fresh baked goods across 12 European production sites. The company serves retail, food service, wholesale, and traditional bakery channels in 30+ markets through owned brands and Mondelez/Disney-licensed brands.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersKlagenfurt, Austria
HQ citystring
Klagenfurt
HQ countrystring
Austria
HQ regionstring
Europe
Markets served

Serves global market

Offices13 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
bakery products, frozen bakery, fresh bakery, food manufacturing, B2B bakery
Industry4 codes
1Frozen & Par-Baked Bakery Production
CodeTHAFAFAKPrimaryYes
2Wholesale / Commercial Bakeries (B2B Supply)
CodeTHAFAFAFPrimaryNo
3Pastry, Cakes & Desserts Wholesale
CodeAFAIAFABPrimaryNo
4Frozen Bakery Products Manufacturing
CodeAFAKAAAFPrimaryNo
NAICS code3 codes
  • Frozen Cakes, Pies, and Other Pastries Manufacturing311813
  • Commercial Bakeries311812
  • Bread and Bakery Product Manufacturing31181
SIC code2 codes
  • Bakery Products2050
  • Food And Kindred Products2000
Product category
Industrial Bakery Products
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Own Label Manufacturing
TypeOne Time License
Description

Manufacturing high-quality own label bakery products for key account customers including retailers and food service operators.

bakerandbaker.eu
2Branded Products
TypeOne Time License
Description

Sale of proprietary brands including Baker & Baker, Goldfrost, Molco, Croexsa, Concadoro, and Artisal spanning sweet and savoury bakery categories.

bakerandbaker.eu
3Licensed Brand Products
TypeLicensing Royalties
Description

Exclusive licensing partnerships with Mondelēz (Milka, Oreo, Cadbury, Daim, Philadelphia) and Disney (The Simpsons) for branded bakery products. Also licensed Cinnabon brand for doughnuts and muffins in the UK.

bakerandbaker.eu
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 14 records shown
1Baker & Baker (American Bakery)
Description

Traditional American bakery brand featuring muffins, donuts, cookies, brownies, cakes and premium buns

bakerandbaker.eu
+13 more records
Core offering1 text field

Baker & Baker manufactures and supplies frozen and fresh bakery products (cakes, viennoiserie, muffins, cookies, breads, donuts, etc.) for business customers across Europe. The company operates 12 manufacturing sites in 7 European countries, serving 30+ markets and producing over 5 million products per day under its own brands (Baker & Baker, Black Label, Croexsa, Concadoro, Goldfrost, Molco, Artisal) and licensed brands (Milka, Oreo, Cadbury, Cinnabon, Daim, The Simpsons, Philadelphia).

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Baker & Baker is a leading European convenience-bakery products manufacturer operating as a single unified product portfolio across multiple channels (retail, food service, wholesale, and traditional bakeries). The company offers frozen and fresh baked goods spanning both sweet and savory categories through seven distinct own brands—Baker & Baker (American Bakery), Black Label (Premium), Croexsa (Spanish market), Concadoro (Italian market), Goldfrost, Molco (Belgian market), and Artisal (French viennoiseries)—complemented by seven licensed brands including Milka, Oreo, Cadbury, Cinnabon, Daim, The Simpsons, and Philadelphia. Product categories include bread, brownies, cakes, cookies, savory pastries/snacks, muffins, laminated dough products (croissants, Danish, puff pastry), and donuts. The portfolio is distributed across more than 30 markets in Europe and beyond via four key channels, with 12 manufacturing sites across seven European countries.

Product and service1 record
1Baker & Baker brand bakery products
Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierFlagshipTypeOEM/ Whitelabel/ Licensing Partner
Description

Exclusive licensing partnership with Mondelēz International for brands including Milka, Oreo, Cadbury, Daim, and Philadelphia. Baker & Baker manufactures fresh bakery products (muffins, donuts, cookies) under these iconic global brands, leveraging Mondelēz's brand recognition and consumer awareness.

Strategic tierCoreTypeOEM/ Whitelabel/ Licensing Partner
Description

Exclusive licensing partnerships with Disney for branded bakery products including The Simpsons donuts. Baker & Baker creates products featuring Disney characters under license.

Strategic tierCoreTypeOEM/ Whitelabel/ Licensing Partner
Description

Licensed partnership for Cinnabon brand in the UK market. Baker & Baker produces Cinnabon Cinnamon Doughnuts and Muffins available across UK retailers, using the signature Makara cinnamon and cream cheese frosting. Cinnabon has 78% brand recall amongst UK in-store bakery shoppers.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Germany's largest bread and bakery producer, serving retail and food service with branded and own-label fresh and frozen bakery; closest direct competitor in the German market, which is Baker & Baker's largest country.

TypeDirect peer
Description

Swiss-listed global bakery group with comparable frozen and convenience-bakery operations across Europe, North America and beyond; directly competes in the same B2B bakery convenience segment with similar channel mix into retail and food service.

TypeDirect peer
Description

Belgian family-owned food group with a large frozen bakery, pastry and margarines business; serves retailers and food service across Europe with a comparable own-label and branded portfolio, making it a direct continental peer.

TypeBroad incumbent
Description

World's largest bakery company with a broad portfolio of packaged baked goods across many geographies; overlaps with Baker & Baker in branded and licensed bakery but on a much larger, more diversified scale.

TypeDirect peer
Description

Spanish frozen and fresh bakery manufacturer with deep European retail and food-service penetration; directly comparable in frozen dough, pastry and part-baked ranges.

TypeBroad incumbent
Description

UK-listed convenience-food manufacturer supplying retail and food service; overlaps with Baker & Baker in ambient and chilled bakery categories, particularly for major UK grocers.

TypeDirect peer
Description

Global bakery ingredients and finished-products manufacturer with a strong European presence following its acquisition of CSM Bakery Solutions; comparable as a multi-channel bakery supplier serving retail, food service and artisan bakers.

TypeDirect peer
Description

French-anchored European bakery manufacturer specializing in viennoiserie and bread for food service and retail; comparable in product mix (croissants, viennoiseries, savory) and French/Benelux channel focus.

TypeOthers
Description

European milling and bakery ingredients supplier; not a direct competitor but an upstream neighbor in the bakery value chain whose product development, flour sourcing and sustainability work directly shape Baker & Baker's input economics.

TypeDirect peer
Description

Leading European frozen bakery manufacturer (part of Swedish Lantmännen group) with a broad bread and pastry range sold to retail and food service; directly comparable in product mix, channel coverage and pan-European footprint.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries7 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Baker & Baker

Industrial Bakery Productsbakerandbaker.eu

Baker & Baker is a European leader in the bakery convenience segment, manufacturing frozen and fresh baked goods across 12 European production sites. The company serves retail, food service, wholesale, and traditional bakery channels in 30+ markets through owned brands and Mondelez/Disney-licensed brands.

What Baker & Baker does

Baker & Baker is a European bakery convenience products manufacturer headquartered in Klagenfurt, Austria, with a primary holding entity in Bremen, Germany. The company operates 12 manufacturing sites across six to seven European countries and employs more than 2,500 people, producing more than five million bakery products per day for distribution across more than 30 markets in Europe, the Middle East, and North Africa.

The company's product portfolio combines seven owned brands — Baker & Baker, Black Label, Croexsa, Concadoro, Goldfrost, Molco, and Artisal — with seven exclusive licensed brands including Milka, Oreo, Cadbury, Cinnabon, Daim, The Simpsons, and Philadelphia. Products span sweet and savoury categories including frozen dough, croissants, muffins, donuts, cookies, cakes, laminated pastries, pretzels, and savory snacks, serving retailers, food service operators, wholesalers, and traditional bakeries through enterprise field sales with category management, R&D co-development, and POS merchandising support.

The business operates a B2B revenue model across four channels (retail, food service, wholesale, traditional bakeries), combining own-label manufacturing for retail and food service accounts with proprietary branded sales. Licensing partnerships with Mondelez, Disney, and Cinnabon generate royalty-inclusive revenue for branded fresh-bakery products. The group structure encompasses 13 wholly-owned national subsidiaries across Europe plus Middle East and CEE offices, with reported annual turnover in excess of €600m. John Lindsay serves as Chief Executive Officer, with Jürgen Rosar, Kristina Weiß, and Matthew Acheson serving as Geschäftsführer of the German primary operating entity.

Baker & Baker firmographics

Firmographics
Name
Baker & Baker
Legal name
BAKER & BAKER Germany GmbH
Website
https://bakerandbaker.eu
Company type
Private
Founded year
2000
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Baker & Baker is a European leader in the bakery convenience segment, manufacturing frozen and fresh baked goods across 12 European production sites. The company serves retail, food service, wholesale, and traditional bakery channels in 30+ markets through owned brands and Mondelez/Disney-licensed brands.
Ownership category
akta.pro rank

Baker & Baker industry classification

Industry
Product category
Industrial Bakery Products
NAICS
Frozen Cakes, Pies, and Other Pastries Manufacturing (311813), Commercial Bakeries (311812), Bread and Bakery Product Manufacturing (31181)
SIC
Bakery Products (2050), Food And Kindred Products (2000)
akta.pro primary industry
Frozen & Par-Baked Bakery Production (THAFAFAK)
akta.pro secondary industries
Wholesale / Commercial Bakeries (B2B Supply) (THAFAFAF), Pastry, Cakes & Desserts Wholesale (AFAIAFAB), Frozen Bakery Products Manufacturing (AFAKAAAF)

Keywords

  • Bakery products
  • Frozen bakery
  • Fresh bakery
  • Food manufacturing
  • B2B bakery

Where Baker & Baker is headquartered

Location

Headquarters

HQ city
Klagenfurt
HQ country
Austria
HQ region
Europe

Offices13 records

Markets served

Baker & Baker business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

  1. Own Label Manufacturing: Manufacturing high-quality own label bakery products for key account customers including retailers and food service operators.
  2. Branded Products: Sale of proprietary brands including Baker & Baker, Goldfrost, Molco, Croexsa, Concadoro, and Artisal spanning sweet and savoury bakery categories.
  3. Licensed Brand Products: Exclusive licensing partnerships with Mondelēz (Milka, Oreo, Cadbury, Daim, Philadelphia) and Disney (The Simpsons) for branded bakery products. Also licensed Cinnabon brand for doughnuts and muffins in the UK.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Baker & Baker product offering

Product offering

Core offering

Baker & Baker manufactures and supplies frozen and fresh bakery products (cakes, viennoiserie, muffins, cookies, breads, donuts, etc.) for business customers across Europe. The company operates 12 manufacturing sites in 7 European countries, serving 30+ markets and producing over 5 million products per day under its own brands (Baker & Baker, Black Label, Croexsa, Concadoro, Goldfrost, Molco, Artisal) and licensed brands (Milka, Oreo, Cadbury, Cinnabon, Daim, The Simpsons, Philadelphia).

Product overview

Baker & Baker is a leading European convenience-bakery products manufacturer operating as a single unified product portfolio across multiple channels (retail, food service, wholesale, and traditional bakeries). The company offers frozen and fresh baked goods spanning both sweet and savory categories through seven distinct own brands—Baker & Baker (American Bakery), Black Label (Premium), Croexsa (Spanish market), Concadoro (Italian market), Goldfrost, Molco (Belgian market), and Artisal (French viennoiseries)—complemented by seven licensed brands including Milka, Oreo, Cadbury, Cinnabon, Daim, The Simpsons, and Philadelphia. Product categories include bread, brownies, cakes, cookies, savory pastries/snacks, muffins, laminated dough products (croissants, Danish, puff pastry), and donuts. The portfolio is distributed across more than 30 markets in Europe and beyond via four key channels, with 12 manufacturing sites across seven European countries.

Differentiator

Problem solved

Functional benefit

Brands

  • Baker & Baker (American Bakery): Traditional American bakery brand featuring muffins, donuts, cookies, brownies, cakes and premium buns
  • Black Label
  • Croexsa
  • Concadoro
  • Goldfrost
  • Molco
  • Artisal
  • Milka (Licensed)
  • Oreo (Licensed)
  • Cadbury (Licensed)
  • Cinnabon (Licensed)
  • Daim (Licensed)
  • The Simpsons (Licensed)
  • Philadelphia (Licensed)

Products and services

  • Baker & Baker brand bakery products

Companies that use Baker & Baker

Customer profile

Named customers4 records

Segments4 records

Ideal customer profiles1 record

Baker & Baker technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

Baker & Baker partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered flagship and core.

  • Mondelēz InternationalflagshipOEM/ Whitelabel/ Licensing PartnerExclusive licensing partnership with Mondelēz International for brands including Milka, Oreo, Cadbury, Daim, and Philadelphia. Baker & Baker manufactures fresh bakery products (muffins, donuts, cookies) under these iconic global brands, leveraging Mondelēz's brand recognition and consumer awareness.
  • DisneycoreOEM/ Whitelabel/ Licensing PartnerExclusive licensing partnerships with Disney for branded bakery products including The Simpsons donuts. Baker & Baker creates products featuring Disney characters under license.
  • Cinnabon Franchisor SPV LLCcoreOEM/ Whitelabel/ Licensing PartnerLicensed partnership for Cinnabon brand in the UK market. Baker & Baker produces Cinnabon Cinnamon Doughnuts and Muffins available across UK retailers, using the signature Makara cinnamon and cream cheese frosting. Cinnabon has 78% brand recall amongst UK in-store bakery shoppers.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Baker & Baker competitors and assessment

Company assessment

Direct peers

  • Harry-Brot: Germany's largest bread and bakery producer, serving retail and food service with branded and own-label fresh and frozen bakery; closest direct competitor in the German market, which is Baker & Baker's largest country.
  • Aryzta: Swiss-listed global bakery group with comparable frozen and convenience-bakery operations across Europe, North America and beyond; directly competes in the same B2B bakery convenience segment with similar channel mix into retail and food service.
  • Vandemoortele: Belgian family-owned food group with a large frozen bakery, pastry and margarines business; serves retailers and food service across Europe with a comparable own-label and branded portfolio, making it a direct continental peer.
  • Europastry: Spanish frozen and fresh bakery manufacturer with deep European retail and food-service penetration; directly comparable in frozen dough, pastry and part-baked ranges.
  • Dawn Foods: Global bakery ingredients and finished-products manufacturer with a strong European presence following its acquisition of CSM Bakery Solutions; comparable as a multi-channel bakery supplier serving retail, food service and artisan bakers.
  • Delifrance: French-anchored European bakery manufacturer specializing in viennoiserie and bread for food service and retail; comparable in product mix (croissants, viennoiseries, savory) and French/Benelux channel focus.
  • Lantmännen Unibake: Leading European frozen bakery manufacturer (part of Swedish Lantmännen group) with a broad bread and pastry range sold to retail and food service; directly comparable in product mix, channel coverage and pan-European footprint.

Broad incumbents

  • Grupo Bimbo: World's largest bakery company with a broad portfolio of packaged baked goods across many geographies; overlaps with Baker & Baker in branded and licensed bakery but on a much larger, more diversified scale.
  • Greencore Group: UK-listed convenience-food manufacturer supplying retail and food service; overlaps with Baker & Baker in ambient and chilled bakery categories, particularly for major UK grocers.

Others

  • GoodMills Innovation: European milling and bakery ingredients supplier; not a direct competitor but an upstream neighbor in the bakery value chain whose product development, flour sourcing and sustainability work directly shape Baker & Baker's input economics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Baker & Baker social profiles

Digital presence

Baker & Baker financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Baker & Baker leadership team

Management profile

Number of profiles

Profiles4 records

Baker & Baker subsidiaries and ownership

Company hierarchy

Subsidiaries7 records

Baker & Baker funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Baker & Baker M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Baker & Baker

What does Baker & Baker do?

Baker & Baker manufactures and supplies frozen and fresh bakery products (cakes, viennoiserie, muffins, cookies, breads, donuts, etc.) for business customers across Europe. The company operates 12 manufacturing sites in 7 European countries, serving 30+ markets and producing over 5 million products per day under its own brands (Baker & Baker, Black Label, Croexsa, Concadoro, Goldfrost, Molco, Artisal) and licensed brands (Milka, Oreo, Cadbury, Cinnabon, Daim, The Simpsons, Philadelphia).

Is Baker & Baker a public or private company?

Baker & Baker is a private company. It is classified as corporate owned and is currently operating.

When was Baker & Baker founded?

Baker & Baker was founded in 2000. It employs 1,001 to 5,000 people.

Where is Baker & Baker based?

Baker & Baker is headquartered in Klagenfurt, Austria, in the Europe region.

How does Baker & Baker make money?

Three revenue lines are on record. Own Label Manufacturing is the primary driver. The others are branded Products and licensed Brand Products.

Who are Baker & Baker's main competitors?

Direct peers on record are Harry-Brot, Aryzta, Vandemoortele, Europastry, Dawn Foods, Delifrance and Lantmännen Unibake. Broad incumbents are Grupo Bimbo and Greencore Group. GoodMills Innovation is listed as an others.

Does Baker & Baker have an API?

No public API is recorded for Baker & Baker.

What industry is Baker & Baker in?

Baker & Baker's product category is Industrial Bakery Products. Its primary akta.pro industry code is THAFAFAK, Frozen & Par-Baked Bakery Production, with a secondary code of THAFAFAF, Wholesale / Commercial Bakeries (B2B Supply). Its NAICS code is 311813 and its SIC code is 2050.

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Live signals
The UKBakery group overcomes challenging conditions and sees ‘brighter outlook’Baker & Baker reported 2025 revenue of €624.2m, with gross profit falling 7.5% to €83.4m, while EBIDTA stayed at €31.6m. The group attributed the drop to inflationary pressures across continental European bakery categories.iTWireIs network access zero trust's biggest blind spot? Cloudi-Fi makes its case in ViennaAt Zscaler's Zenith Live '26 conference in Vienna, Cloudi-Fi argued that traditional zero trust network access (ZTNA) leaves unmanaged devices—IoT, printers, cameras, and guest equipment—invisible to security policy engines, creating a gap below the waterline that ZTNA was never designed to close. Cloudi-Fi, founded in 2015 by ex-Zscaler alumni and now operating across 90-plus countries with 100,000-plus secured sites, positioned itself as an identity layer that feeds managed device information into Zscaler ZIA, requiring no rip-and-replace of existing infrastructure. Baker & Baker, a European convenience-bakery group operating 23 locations across seven countries with a four-person IT team, testified that deploying Cloudi-Fi took roughly one hour per office site, enabled retirement of their on-prem NAC appliance, and delivered significant cost savings against their legacy vendor's subscription licensing model.UK Manufacturing OnlineBaker & Baker net-zero targets approved by SBTiEuropean bakery manufacturer Baker & Baker has received approval from the Science Based Targets initiative (SBTi) for its near-term and long-term science-based emissions reduction targets. The company is committed to achieving net-zero greenhouse gas emissions across its value chain by 2040, with specific interim goals including a 42% reduction in absolute scope 1, 2, and selected scope 3 emissions by 2030. To support these initiatives, Baker & Baker is implementing decarbonisation projects such as solar installations in Portugal and engaging suppliers on their own sustainability journeys.BakerandbakerBaker & Baker We create moments of delightBaker & Baker is a leading bakery products manufacturer that produces over five million items daily across 12 manufacturing sites in six European countries. The company serves more than 30 markets through retail, food service, wholesale, and traditional bakery channels with a workforce of over 2,500 employees.