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The snack manufacturer acquisition is expected to close in the second quarter of 2026.

Brett Patterson will lead the company, with a focus on market positioning, new restaurant growth, and operational excellence.

The lineup aims to deliver nostalgic peanut butter-inspired flavor across multiple textures and formats.

The appointee has more than 30 years of experience with the company.

The org is broadening the allowed uses of the claim as part of its efforts to encourage the industry to phase out petroleum-based synthetic food dyes.

The products, evaluated on the pillars of innovation, inspiration, and integrity, represent the cutting edge of the natural products industry, the org says.

Gail Hollander, CMO, who previously announced her intent to retire, will remain with the organization in an advisory role until April 30.

The acquired company's pressed paperboard tray products are designed for ovenable applications including bakery items.

This update is particularly relevant for bakery applications, where demand for natural green tones continues to grow and often depends on access to natural blue color solutions. 

The acquisition aims to position the snack brand to scale further across North America while expanding into new international markets.