American Flatbread sells assets

HAMPTON - Vermont-based American Flatbread Company has sold the principal assets of the frozen pizza and pizza restaurant company to Hampton-based the Flatbread Company, which purchased the American Flatbread brand and the American Flatbread franchise operations in January.

Originating from one store in Amesbury, Mass., the Flatbread Company will now oversee franchise operations and expansion of the American Flatbread restaurant brand. Waitsfield, Vt.-based American Flatbread Company will continue to own and operate its restaurant at Lareau Farm and will assist in transitioning franchise operations to the Flatbread Company.

American Flatbread founder George Schenk will continue to bake and assist in promoting the Flatbread brand, the company said.