wholesome sweeteners acquired

wholesome sweeteners acquired

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. “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. Sign in Register. “Our business aligns with the powerful movements in the US and around the world. Mr. Manzone was the CEO of Flavor Holdings. Wholesome Sweeteners acquired by Whole Earth Brands. 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. Are Formulation Changes Putting your Brands at Risk? Under the terms of the agreement, Wholesome will receive $180 million in cash and is eligible to receive up to $55 million of additional consideration under an earnout through the end of calendar year 2021. 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 Sweeteners Inc., a brand of organic, fair trade, and non-GMO sugars and sweeteners, purchased organic candy company, TruSweets.The transaction adds TruSweets' two brands, Surf Sweets and TruJoy Sweets, to the Wholesome Sweeteners portfolio. We look forward to working with Nigel and the Wholesome team.”. Whole Earth Brands acquires Wholesome Sweeteners on 2020-12-17 for $180000000. You have entered an incorrect email address! 3 December 2015 - US-based organic sweetener maker Wholesome Sweeteners, Inc has acquired the organic candy company, TruSweets, the company said. Wholesome Sweeteners, Inc.® Acquires Organic Candy Company, TruSweets. WholeFoods Magazine is your one-stop resource for health and nutrition articles. Today, Wholesome Sweeteners, Inc. acquired … Design, CMS, Hosting & Web Development :: From breaking news to R&D insights, we’ll send you the top stories affecting the industry. Save my name, email, and website in this browser for the next time I comment. Toggle menu. Wholesome Sweeteners is a manufacturer of organic sweeteners, including sugar, honey, agave, allulose and other liquid products. Report: Dunkin’ in talks to be acquired by Inspire Brands, East Balt to be acquired by JPMorgan Chase group, Wholesome Sweeteners acquires organic candy company. TruSweets adds its two candy brands, Surf Sweets and TruJoy Sweets to the Wholesome Sweeteners portfolio. © Copyright 2020 WFC, Inc. All Rights Reserved. Arlon Group entered into a definitive agreement to acquire a majority stake in Wholesome Sweeteners, a producer of organic and Fair Trade certified sweeteners, alongside Edward Billington & Son, Ltd. Arlon will become the majority shareholder in the business by acquiring a portion of Billington's current ownership interest and all of the shares owned by Imperial Sugar Company. KIND Acquires Family-Owned Snack Company The transaction has been approved by both companies’ Boards of Directors. Whole Earth Brands acquires Wholesome Sweeteners in $180m deal By Mary Ellen Shoup contact TruSweets will add its two candy brands, Surf Sweets and TruJoy Sweets to the Wholesome Sweeteners portfolio. 468 talking about this. Wholesome… Wholesome Sweeteners has acquired the companies: Wholesome Sweeteners, Swerve, Surf Sweets. Meet the perfect blend of monk fruit extract and allulose in powdered form. This combination with Whole Earth Brands brings together like-minded companies with complementary strengths to unlock powerful value in the organic and natural category.”, Related: Sweetening Up “The Wholesome brand was built on a mission of supporting farmers and to date has paid nearly $23 million in fair trade premiums,” said Nigel Willerton, chief executive officer of Wholesome Sweeteners. Branded CPG sales mix and 72% of Whole Earth’s global Branded CPG sales mix. Try Pro free Solutions. Inside the Baking Aisle. One Sugar Creek Center Blvd. The transaction is expected to close during the first quarter of 2021. We use cookies to ensure that we give you the best experience on our website. Besti natural powdered sweetener replaces powdered sugar 1-to-1, but has zero calories, zero net carbs, and zero glycemic index. name brand. Sugar Land, TX (Dec. 1, 2015) – Today, Wholesome Sweeteners, Inc.®, owner of Wholesome!™, the leading U.S. brand of organic, Fair Trade and Non-GMO sugars and sweeteners, has announced its purchase of the organic candy company, TruSweets. “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.”. Wholesome Sweeteners Acquired by Whole Earth Brands. Wholesome Sweeteners says that it 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 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. This natural powdered sugar replacement tastes, bakes, browns, and dissolves just like powdered sugar does. 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. and Swerve IP (collectively, “Swerve”), natural sweeteners represent approximately 87% of Whole Earth Brands’ U.S. The initial purchase price is $180 million in cash, according to a press release on the topic, and is expected to close during Whole Earth Brands’ first quarter 2021, contingent on completion of a review under antitrust laws. Suite 500 Sugar Land, TX 77478 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. 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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 … 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! 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’s leading position in organic sugar, honey, agave and allulose is a perfect complement to our existing portfolio of natural and alternative sweeteners. brand is the nation’s leader in organic, Fair Trade and Non-GMO sugars, molasses, syrups, stevia and honeys. Whole Earth Brands is delivering on that expectation by becoming the leader in plant-based and alternative sweeteners around the world, and we are looking forward to integrating Wholesome and growing the world-class brands within our Whole Earth Brands platform.”. Our business aligns with the powerful movements in the U.S. and around the world. 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. Advanced. name brand. Save. Pricing. Compare ; Gift Certificates; Cart 0 Branded CPG sales mix. “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. 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. What is Wholesome Sweeteners's tech stack? “Wholesome will mark our second strategic acquisition since our business combination in June of this year and we are excited about the platform we are building across the sweetener category in North America,” said Albert Manzone, Whole Earth Brands Chief Executive Officer. 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. We provide important information regarding industry news, research, and trends. Wholesome Sweeteners has acquired 1 company of its own, including 1 in the last 5 years.. Wholesome Sweeteners has acquired in 1 US state. “Whole Earth Brands is delivering on that expectation by becoming the leader in plant-based and alternative sweeteners around the world, and we are looking forward to integrating Wholesome and growing the world-class brands within our Whole Earth Brands platform.”, We use cookies to provide you with a better experience. The technologies that are used by Wholesome Sweeteners are: Network for Good, WorldPantry.com, Office 365, WordPress. Resources. Wholesome Sweeteners is a 50/50 joint venture between Imperial Sugar Company of the US and Edward Billington and Son of the UK. Log In. April 19/New York/Business Wire -- Arlon Group, an investment firm focused on food and agriculture, announced that Arlon Food and Agriculture Partners LP, in partnership with management and Edward Billington & Son, has acquired Wholesome Sweeteners. 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 Sweeteners is headquartered in Sugar Land, Texas, and is a supplier of organic and Fair Trade certified sweeteners. 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 Shop Wholesome Organic Sugar, Honey, Agave, Syrups, Frosting, and Candy COVID-19, business restructuring highlight most read stories of the year. Para cambiar permanentemente los ajustes de su cuenta, vaya a (TM), the leading U.S. brand of organic, Fair Trade and Non-GMO sugars and sweeteners. Wholesome! Whole Earth Brands, Inc., a global food company enabling healthier lifestyles by providing access to premium plant-based sweeteners, flavor enhancers and other foods through a diverse portfolio of trusted brands and delicious products, announced that it has executed a definitive agreement to acquire all of the issued and outstanding capital stock of WSO Investments, Inc., the holding company for Wholesome Sweeteners … Wholesome Sweeteners is a manufacturer of organic sweeteners, including sugar, honey, agave, allulose and other liquid products. The transaction is expected to close during the first quarter of 2021. 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. Our extendable brands create opportunities for significant growth through channel, product and category expansion. Overview. This combination with Whole Earth Brands brings together like-minded companies with complementary strengths to unlock powerful value in the organic and natural category.”. CHICAGO – Whole Earth Brands, Inc., has agreed to acquire Wholesome Sweeteners, Inc., Sugar Land, Texas, for $180 million plus an earnout. 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. Combined with Whole Earth’s recent acquisition of Swerve, this acquisition will bring natural sweeteners to 87% of Whole Earth’s U.S. brand. Dive Brief: Whole Earth Brands is buying Wholesome Sweeteners, the top organic sweetener brand in North America, for $180 million, the company said in a statement. “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. Fair Trade, Organic & Natural, Non-GMO sugars, syrups, stevia, honeys and molasses. Su preferencia se ha actualizado para esta sesión. Acquisition. The purchase price was $80 million. Wholesome Sweeteners Acquired by Whole Earth Brands. “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. 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