Jan
16

wholesome sweeteners acquired

 

The technologies that are used by Wholesome Sweeteners are: Network for Good, WorldPantry.com, Office 365, WordPress. Para cambiar permanentemente los ajustes de su cuenta, vaya a The Company’s most targeted sectors include food (100%).. Join Mergr and gain access to Wholesome Sweeteners’ M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the food sector. Whole Earth Brands, Inc. has acquired all issued and outstanding capital stock of WSO Investments, Inc., the holding company for Wholesome Sweeteners Incorporated. Save. Whole Earth Brands acquired Swerve LLC, New Orleans, a maker of keto-friendly sweeteners and baking mixes, in November. Products. “Consumers are demanding more dietary options that enable healthier lifestyles, and Whole Earth Brands’ business strategy is built on meeting those needs through our innovative product pipeline and global distribution network,” said Irwin D. Simon, executive chairman of Whole Earth Brands. Our business aligns with the powerful movements in the U.S. and around the world. We provide important information regarding industry news, research, and trends. WholeFoods Magazine is your one-stop resource for health and nutrition articles. Toggle menu. Wholesome Sweeteners, Inc. has been a longstanding pioneer in the organic sugar and sweeteners category, currently offering more than 40 retail skus in the United States and Canada under the Wholesome! The transaction, expected to close in the first quarter of 2021, has been unanimously approved by Whole Earth Brands’ and Wholesome’s Boards of Directors. Wholesome… Whole Earth Brands acquires Wholesome Sweeteners in $180m deal By Mary Ellen Shoup contact Design, CMS, Hosting & Web Development :: From breaking news to R&D insights, we’ll send you the top stories affecting the industry. “Sweets are a joyful experience in cultures around the world, and consumers are demanding more sweetener options that fit within their individual health and dietary needs so that they can continue to enjoy life’s everyday moments and the celebrations that bring us together. Chicago, IL—Whole Earth Brands Inc. has entered an agreement to acquire all of the issued and outstanding capital stock of WSO Investments Inc., the holding company for Wholesome Sweeteners Incorporated. Organic candy company, TruSweets, has been acquired by Wholesome Sweeteners, Inc.(R), owner of Wholesome! Wholesome Sweeteners Inc. is "the US leader in organic, plant-based and fair-trade certified sweeteners", Whole Earth Brands said in a statement today (17 December) to announce the deal. CHICAGO – Whole Earth Brands, Inc., has agreed to acquire Wholesome Sweeteners, Inc., Sugar Land, Texas, for $180 million plus an earnout. TruSweets will remain headquartered in Wheeling, Illinois, and Wholesome Sweeteners will stay in Sugar Land, Texas. Are Formulation Changes Putting your Brands at Risk? Shop Wholesome Organic Sugar, Honey, Agave, Syrups, Frosting, and Candy name brand. Log In. Whole Earth Brands (NASDAQ:FREE) strikes a deal to acquire WSO Investments, which is the holding company for Wholesome Sweeteners Incorporated. Wholesome is the U.S. leader in organic, plant-based and fair-trade certified sweeteners, including sugar, honey, agave nectar, allulose and other liquid sweetener products. (TM), the leading U.S. brand of organic, Fair Trade and Non-GMO sugars and sweeteners. TruSweets offers more than 25 retail s.k.u.s. The press release notes that organic sugar consumption is growing at 1.5x the rate of conventional sugar in the United States, and Wholesome is the largest single importer and consumer of organic sugar in the country. Wholesome Sweeteners Acquired by Whole Earth Brands. The initial purchase price of $180 million approximates 7.8x Wholesome’s calendar 2020 estimated adjusted EBITDA, according to Whole Earth Brands. Today, Wholesome Sweeteners, Inc. acquired … The Natural View: How Retailers, Brands, and Suppliers Can Gain a Competitive Edge with ELI Codes, Aged Garlic Extract and Cardiovascular Health: What the Science Says, The Natural View: The Benefits of Astaxanthin and Vitamin C. The Natural View: How Retailers, Brands, and Suppliers Can Gain a... Drug Induced Nutrient Depletion can Harm Your Health. Combined with Whole Earth’s recent acquisition of Swerve, this acquisition will bring natural sweeteners to 87% of Whole Earth’s U.S. Image courtesy of Whole Earth Brands. Pricing. Whole Earth Brands, Inc. Enters Into Definitive Agreement to Acquire Wholesome Sweeteners, North America’s #1 Organic Sweetener Brand Download as PDF December 17, 2020 7:00am EST The Wholesome brand was built on a mission of supporting farmers and to date has paid nearly $23 million in Fair Trade premiums. SUGAR LAND, TEXAS — Wholesome Sweeteners, Inc., owner of Wholesome!, a leading U.S. brand of organic, Fair Trade and non-bioengineered sugars and sweeteners, has acquired TruSweets, a … Wholesome Sweeteners is a manufacturer of organic sweeteners, including sugar, honey, agave, allulose and other liquid products. This natural powdered sugar replacement tastes, bakes, browns, and dissolves just like powdered sugar does. Wholesome Sweeteners acquired by Whole Earth Brands. Further Expands Whole Earth Brands’ Scale in the Natural Category: Including proforma contribution of Wholesome and the Company’s recent acquisition of Swerve, L.L.C. Wholesome Sweeteners, Inc.—owner of Wholesome!, a U.S. brand of organic, Fair Trade and Non-GMO sugars and sweeteners—has purchased of the organic candy company, TruSweets. KIND Acquires Family-Owned Snack Company Resources. Wholesome! Wholesome Sweeteners holds a 76% share in the organic granulated sugar segment of the organic and natural channel, the press release says, and has achieved retail sales growth of approximately 52% over the 52-week period ending November 1, 2020. name brand. Wholesome Sweeteners is a 50/50 joint venture between Imperial Sugar Company of the US and Edward Billington and Son of the UK. Wholesome Sweeteners has acquired 1 company of its own, including 1 in the last 5 years.. Wholesome Sweeteners has acquired in 1 US state. Mr. Manzone was the CEO of Flavor Holdings. Wholesome Sweeteners has acquired the companies: Wholesome Sweeteners, Swerve, Surf Sweets. We share a common vision with Whole Earth Brands – to support consumers’ health and wellness goals by providing innovative products that they can feel good about and enjoy. Wholesome is the U.S. leader in organic, plant-based and fair-trade certified sweeteners, including sugar, honey, agave nectar, allulose and other liquid sweetener products. “Wholesome’s leading position in organic sugar, honey, agave and allulose is a perfect complement to our existing portfolio of natural and alternative sweeteners,” said Albert Manzone, chief executive officer of Whole Earth Brands. brand is the nation’s leader in organic, Fair Trade and Non-GMO sugars, molasses, syrups, stevia and honeys. New products include Hershey’s Kisses milk chocolate Meltaway Roses and Reese’s Mallow-Top Peanut Butter Cups. The transaction is expected to close during the first quarter of 2021. Search Crunchbase. “We share a common vision with Whole Earth Brands — to support consumers’ health and wellness goals by providing innovative products that they can feel good about and enjoy. Arlon acquired part of Billington's ownership interest and complete shares owned by Imperial Sugar, and believes that the new transaction will provide it with various opportunities for continued growth. Sign in Register. Our extendable brands create opportunities for significant growth through channel, product and category expansion. We look forward to working with Nigel and the Wholesome team.”. COVID-19, business restructuring highlight most read stories of the year. 468 talking about this. If you continue to use this site we will assume that you are happy with it. This transaction brings us additional scale that we believe will enhance our competitive position and help us expand consumers’ access to the delicious foods they love. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. Su preferencia se ha actualizado para esta sesión. “Our business aligns with the powerful movements in the US and around the world. We use cookies to ensure that we give you the best experience on our website. Whole Earth Brands, Inc., was formed this past June and is a combination of Flavors Holdings, Inc. subsidiaries Merisant Co., a manufacturer of sugar substitutes, and MAFCO Worldwide LLC, a manufacturer of licorice products. CHICAGO – Whole Earth Brands, Inc., has agreed to acquire Wholesome Sweeteners, Inc., Sugar Land, Texas, for $180 million plus an earnout. “Consumers are demanding more dietary options that enable healthier lifestyles, and Whole Earth Brands’ business strategy is built on meeting those needs through our innovative product pipeline and global distribution network,” said Irwin D. Simon, Executive Chairman of Whole Earth Brands, in the press release. 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