Founder Tara Bosch will remain with the company, focusing on innovation, strategic initiatives.
October 28, 2020
TPG Growth received its stake from SmartSweets’ management and other shareholders. Tara Bosch, who founded SmartSweets in 2015, will remain the largest individual shareholder.
FoodChain ID ("FoodChain ID"), a Paine Schwartz Partners, LLC portfolio company and a platform dedicated to providing technology-enabled food safety, quality, and sustainability solutions, has acquired Nutraveris.
The Warrell Corp. says it is focusing on its core contract manufacturing and private label business following the sale of Pennsylvania Dutch Candies assets to Nassau Candy and closing its Classic Caramel division last fall.
Pennsylvania Dutch Candies was a subsidiary of The Warrell Corp.
June 10, 2020
Nassau Candy has acquired the assets of Pennsylvania Dutch Candies, a subsidiary of The Warrell Corp. that serves as a national manufacturer and distributor of nostalgic confections and novelties.
The Barry Callebaut Group has acquired GKC Foods (Australia) Pty Ltd, a producer of chocolate, coatings and fillings serving many consumer chocolate brands in Australia and New Zealand.
Hershey acquired KRAVE from Sonoma Brands founder in 2015.
May 4, 2020
Sonoma Brands, a private equity investor and incubator led by Jon Sebastiani, who is also the founder and creative force behind KRAVE jerky, has acquired KRAVE from The Hershey Co. for an undisclosed amount.
Ingredion is set to acquire a 75 percent controlling stake in PureCircle, a leading producer of stevia sweeteners for the global food and beverage industries.
Acquisition expands Mount Franklin’s presence in the foodservice industry.
March 16, 2020
Mount Franklin Foods, LLC has acquired, through its affiliate, the assets and book of business from ARRO Food Processing Division, based in Hodgkins, Ill., and ARRO Ingredients Division, headquartered in Chicago.
Acquisition expands Nassau’s presence in beauty product market.
March 11, 2020
Nassau Candy has acquired the assets of natural products sales and distribution company Island Natural, expanding Nassau’s presence in the Northeast while also supplying its customers with a wider range of products.