Power Sustainable Lios has acquired Crofter’s Organic, a Canadian organic jams, jellies and fruit spreads producer.
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Power Sustainable Lios has acquired Crofter’s Organic, a Canadian organic jams, jellies and fruit spreads producer.
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The organic chocolate company will close its Seattle plant and reduce office staff, which will result in 60 job losses. “We’ve had to make some tough but necessary decisions to ensure the company’s long-term viability,” said Etienne Patout, CEO of Theo Chocolate.
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Founded in 1989, the Canadian producer of fruit spreads, jams and preserves has sold a majority stake to the Chicago-based private equity firm.
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European dairy giant Arla Foods aims to have all of its all dairy production be climate-neutral by 2045.
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Laird Superfood, a producer of organic and Non-GMO, keto-friendly foods, has raised $32M and plans to use this money for product development and acquisitions.
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Katjes has taken a 5% equity stake in Foodstirs, the leading organic baking brand in the U.S.
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