Wendy’s sells bakery business

Wendy’s sells bakery business

Deal consistent with company’s growth, financial strategies, CEO says

The Wendy’s Co. has sold its bakery in Zanesville, Ohio, to Chicago-based East Balt Bakeries, the company said Tuesday.

Terms of the deal were not disclosed.

The facility will continue to serve as one of Wendy’s bakery vendors. The sale came a month after the Dublin, Ohio-based quick-service operator said it planned to sell its bakery business, calling it a “non-core asset.”

By selling the bakery business, Wendy’s CEO Emil Brolick said in May that the company

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