The British investment firm S-Ventures has acquired a majority share of We Love Purely with a goal of speeding its move into the mainstream snacking sector. We Love Purely has experienced solid online sales growth during the pandemic with its range of healthy plantain snacks. It has now begun selling in retail outlets in the U.K. and abroad, including Harrods, Selfridges, Harvey Nichols, Ocado, Holland and Barrett, Spinneys in Dubai, and The Craft Gin Club. The chips contain 30 percent less fat than typical potato crisps and no palm oil. They are made in Ecuador from locally sourced plantains to support local communities and provide income for small farmers.
"Ecuadorian sustainable snacking brand gets another cash injection", BakeryAndSnacks.com, January 26, 2021
The Loveland, Colo.-based grain-free snack company has launched six keto nut mixes and three keto granolas, available on their Amazon store. The 1.2-ounce nut mix packs feature a seasoned blend of walnuts, pecans, and healthy seeds containing as much as seven grams of protein, three grams of net carbs, and 19 grams of nutritious fats. Flavors include Pepperoni Pizza, Traditional Recipe, and Sour Cream & Chive. The sweet glazed nut blends come in Chocolate Chip Cookie Dough, Maple Cinnamon Praline, and Thai Sweet Chili. The new keto granolas are made with coconut, sunflower seeds, walnuts, flax seeds, and chia seeds and come in Lemon Blueberry Tart, Maple Cinnamon Crunch, and Double Chocolate Chip flavors.
"Tasteful Ingredients Meet Bad Boy Spices in New Keto Snack & Breakfast Mixes", Yahoo!, January 26, 2021
The London-based better-for-you snack producer’s aggressive strategy to become a serious player in the mainstream savory snacks area includes expansion of its U.K. distribution network by 1,500 percent. The company has secured listings with Sainsbury’s, Holland & Barret online. and Ocado for its range of better-for-you Popped Lotus Seeds. The seeds are roasted rather than fried and contain fewer than 90 calories a pack, 60 percent less fat than regular potato crisps, and are protein rich, vegan, and low GI, with no artificial ingredients, or preservatives. They are also free of allergens, gluten, palm oil, MSG, and GMOs. To further its overall strategy the company has also implemented a rebrand and hired a commercial consultant to provide guidance on driving snack sales.
"Native Snacks expands retail footprint by 1,500 percent", BakeryAndSnacks.com, January 22, 2021
London-based Exponent Private Equity has acquired a majority interest in snack maker Proper, whose revenues soared 50 percent in 2020 despite the pandemic-caused loss of out-of-home sales of its popcorn and better-for-you lentil chips. Exponent will combine Proper with its Eat Real brand to form a new company under a new joint CEO whose mission will be to become a powerhouse in the BFY snack category. Eat Real has a range of lentil, quinoa, and hummus chips and is part of the Indian snacks group Cofresh, which Exponent acquired in June 2020 and incorporated into its Vibrant Foods platform.
"Proper joins forces with Eat Real in new Exponent healthier snacking play", thegrocer.co.uk, January 22, 2021
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