Description

Nicolas Mulroney is the Co-Founder, Chairman, CEO & President of Bond Bakery Brands.

Bond is focused on building a diverse and inclusive workforce that bakes high-quality, delicious breads, pizzas, cakes, cookies, buns and more for retail and food service customers throughout North America.

Through their bakery companies, Bond employs more than 600 people across 11 facilities in Canada.

We discussed...

• His time in investment banking.
• The opportunity he saw in the bakery market.
• Deep dive into the bakery space from commodity products to artisanal offerings.
• What the acquisition process is like when acquiring family and founder-run businesses.
• Distribution and sales channels to expand businesses.
• Building strong relationships with the employees of a business after they are acquired.
• Automation costs, efficiencies and tradeoffs.
• Learnings from his father former Prime Minister Brian Mulroney.

Chapters

00:00 Investment Banking and Foundational Learning

03:54 Building Blocks for a Career

08:12 Tailoring Investments to Match Needs

14:17 Balancing Craftsmanship and Scale

19:04 Opportunities in the Bakery Space

24:22 Automation and the Middle Ground

27:13 Building Relationships and Legacy

29:09 Lessons from Brian Mulroney

35:41 Support System and Entrepreneurship

Keywords

investment banking, bakery industry, acquisition, automation, legacy