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September 16, 2021: 12:00 AM EST
The Sydney, Australia-based maker of infant, toddler, health, and plant-based foods is acquiring snack bar company Blue Dinosaur (Littleton, Colo.) after raising $5.5 million. Forbidden Foods sees the $4 million acquisition as a serious step into the snacks market. Ten-year-old Blue Dinosaur caters primarily to health-focused Millennials with its baked snack, protein, and energy bars containing no soy, gluten, dairy, preservatives, added colors or sugars, stabilizers or artificial ingredients. The deal is expected to close by October 2021.
"Forbidden Foods scales up company with Blue Dinosaur buyout", Food Processing Au, September 16, 2021, © Westwick-Farrow Pty Ltd
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