The company also expects to see cost savings through supply chain integration over the coming two years, as well as general overhead savings. Wholesome Sweeteners is committed to creating responsible, sustainable, and fair-trade products. This combination with Whole Earth Brands brings together like-minded companies with complementary strengths to unlock powerful value in the organic and natural category.. name brand. Design, CMS, Hosting & Web Development :: From breaking news to R&D insights, well send you the top stories affecting the industry. Wholesome Sweeteners Natural Demerara Sugar (Bulk) is a golden-colored, turbinado-style sugar with large sparkling crystals and a rich aroma. M&A Summary Buy vs Sell Most Recent M&A M&A by Sector Our extendable brands create opportunities for significant growth through channel, product and category expansion. vOut += aTags[i].trim().replace(reg, '-').substring(0,40); 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. if (i!=(aTags.length-1)) brand is the nations leader in organic, Fair Trade and Non-GMO sugars, molasses, syrups, stevia and honeys. 1 Reviews Salaries 2 Q&A Interviews Photos Wholesome Sweeteners Careers and Employment About the company Company size 51 to 200 Headquarters Sugar Land Link Wholesome Sweeteners website Learn more Questions and answers People have asked 2 questions about working at Wholesome Sweeteners. Click on one of our products to purchase or learn more. 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. Our line of agave products are delicious, low-glycemic, USDA Organic, non-GMO, Fair Trade Certified, kosher, naturally gluten-free and unadulterated. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of the Companys control, which could cause actual results to differ materially from the results contemplated by the forward-looking statements. View contact profiles from Wholesome Sweeteners Popular Searches Allulose Syrup - Zero Calorie Liquid Sweetener - 11.5 o. In addition to being free of harmful additives and top allergens, their products are made using organic growing practices to ensure superior quality and flavor. Today's health-conscious consumers are increasingly demanding that ingredients are Better for Me and Better for the Planet. { Only logged in subscribers of this site will be able to access the shared article. To-date, Wholesome has donated over $23 million in Fair Trade premiums to hundreds of communities and cooperatives around the globe. AB Foods owns 26% of Wholesome Sweeteners (see W- sweeteners below) and British Sugars (producer of beet sugars). | White Paper. These statements are subject to the risks and uncertainties indicated from time to time in the documents the Company files (or furnishes) with the U.S. Securities and Exchange Commission. Read more. You are cautioned not to place undue reliance upon any forward-looking statements, which are based only on information currently available to the Company and speak only as of the date made. }); The initial purchase price for the transaction is $180m in cash and is expected to close in Q1 2021. The transaction is expected to close during the Companys first quarter 2021, contingent on completion of a customary review under antitrust laws, including the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976 in the U.S. Jefferies acted as the financial advisor and DLA Piper LLC (US) acted as legal advisor to Whole Earth Brands. Bakery here to register, Not for publication, email or dissemination, Clearlake-backed Springs Window Fashions buys manufacturer Sunburst Shutters & Window Fashions, Summit Park-backed USS recaps Ox Foundation Solutions, PE-backed Flagstone Foods scoops up snack nut brand Emerald Nuts from Campbell Soup, Madison Dearborn closes MoneyGram deal; Hildred Capital, HCAP and PSG bet on pharmacy services, TSCP closes sale of Made4net to IKEA; FFL shares exit strategy for HR specialist ProService, The potential and pitfalls of AI for private equity. information on ingredients and how to order. Click one of our organic syrups below to purchase or learn more. has paid more than $10 million in Fair Trade premiums to farming co-operatives and partners worldwide helping bring clean water, electricity, schools and health care to villages in Malawi, Mexico, Brazil and Paraguay. Sweeteners This press release includes certain financial measures not presented in accordance with generally accepted accounting principles (GAAP) such as Adjusted EBITDA and certain ratios and other metrics derived there from. Trendspotter Whether youre looking for the most delicious organic cane sugar or want to incorporate rich-tasting, organically grown brown sugars into your favorite recipes, we offer something sweet for every taste and every occasion. Our extendable brands create opportunities for significant growth through channel, product and category expansion. We distribute our portfolio of products in more than 100 countries with a vision to expand ourportfolio toresponsibly meet local preferences. The transaction has been unanimously approved by Whole Earth Brands and Wholesomes Boards of Directors. Our business aligns with the powerful movements in the U.S. and around the world. It guides all our actions, big and small. We were the first to bring Fair Trade sweeteners to the U.S. and pioneer the Fair Trade standards for sugar, agave and honey, and we've always led the way when it comes to creating quality . We were the first to bring Fair Trade sweeteners to the U.S. and pioneer the Fair Trade standards for sugar, agave and honey, and weve always led the way when it comes to creating quality products and respecting the people who make them possible. Healthy snacking Additionally, the Company expects to realize commercial synergies in North America and through launching Wholesomes products across Whole Earth Brands global footprint. Whole Earth Brands (parent company to Equal and Pure Via sweetener brands) has entered a definitive agreement to acquire Wholesome Sweeteners, the No. Product Dimensions : 5.1 x 3.3 x 4.6 inches; 2 Pounds. For more information on how we "Open a World of Goodness, please visit www.WholeEarthBrands.com. Raw Natural Demerara Turbinado Sugar. You should only be asked to sign in once. The Wholesome brand was founded in 2001 with a simple mission in mind: To provide high-quality baking ingredients and make life richer for everyone. Going into 2021 and beyond, we believe that our team has significantly strengthened our business, opening new doors for growth opportunities globally across all channels., Albert Manzone, Whole Earth Brands Chief Executive Officer commented, Im pleased to announce the closing of the Wholesome acquisition and welcome Nigel Willerton and his team to the Whole Earth Brands family. Over the years we have expanded our selection of commercial equipment and wholesale supplies to include healthcare, educational, food, beverage, office, parts, hotel, shipping, and industrial supplies. We are a farming and baking family that prefers to make and bake the best. Add to Cart. To us, Fair Trade is more than a certification. This press release contains forward-looking statements (including within the meaning of the Private Securities Litigation Reform Act of 1995) concerning Whole Earth Brands, Inc. (the Company or Whole Earth Brands) and other matters. Another company, Wholesome Sweeteners was actively developing the production of organic sugar in Paraguay and approached Dave, Jr. to join the company as its president in order to cultivate the production in South America and to market organic sugar in the U.S., Europe and Japan. Proforma 2020 for the transaction, the Company expects its Net Debt-to-Adjusted EBITDA leverage ratio to be approximately 4.5x. Content provided by Kyowa Hakko | 04-May-2023 We provide important information regarding industry news, research, and trends. Our business aligns with the powerful movements in the U.S. and around the world. Whether youre looking for the most delicious cane sugar or want to incorporate rich-tasting, Certified ingredients when possible. Click one of our organic syrups below to purchase or learn more. Therefore, these measures should not be considered in isolation or as an alternative to net income, cash flows from operations or other measures of profitability, liquidity or performance under GAAP. Made from natural sugarcane hand-harvested in Mauritius, Billingtons family of products are popular with gourmet chefs for a reason: These natural sugars are made right at the source in order to lock molasses into each and every crystal, meaning youre rewarded with the richest flavor imaginable in every bite! Wholesome is the leading brand of Organic Blue Agave in North America. 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! Wholesome Sweeteners is committed to creating responsible, sustainable, and fair-trade products. Surf Sweets markets chewy candy with organic ingredients that are free of the top 10 most common allergens. Were very excited to join the Wholesome Sweeteners team. City Capital Advisors was hired as the exclusive financial advisor to TruSweets. From the no-compromise quality of our ingredients to the way we conduct business, were all about putting people first. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. Organic Fair Trade Powdered Confectioners Sugar, Organic Fair Trade Whole Cane Sugar Sucanat Panela, Organic Fair Trade Raw Cane Turbinado Sugar, Organic Fair Trade Raw Unfiltered Honey Jar, Organic Fair Trade Raw Unfiltered White Honey, Organic Fair Trade Raw Unfiltered White Honey Jar, Allulose Zero Calorie Granulated Sweetener, Organic ZeroSugar Pure Organic Erythritol, Hearty Oat Muffin Scratch Quality Baking Mix, Dark Chocolate Chunk Brownie Scratch Quality Baking Mix, Oatmeal Chocolate Chunk Cookie Scratch Quality Baking Mix, Blue Corn Cornbread Scratch Quality Baking Mix. Our business aligns with the powerful movements in the US and around the world. Wholesome launches its line of organic, Fair Trade blue agave sweeteners. All Rights Reserved BNP Media. The technical storage or access that is used exclusively for anonymous statistical purposes. By closing this message or continuing to use our site, you agree to the use of cookies. is dedicated to Fair Trade and partners with caring farming families across the globe ensuring them a fair price for their crops. This combination with Whole Earth Brands brings together like-minded companies with complementary strengths to unlock powerful value in the organic and natural category.. Its recipes are made up of Non-GMO, gluten-free candy that is also free of artificial colors, flavors and corn syrup. Wholesome Sweeteners | 3,062 followers on LinkedIn. 312-840-5001 Christopher Doering Senior Reporter Permission granted by Whole Earth Brands As consumers gravitate toward better-for-you-offerings and sugar alternatives, a small Chicago-based sweetener company. Mr. Manzone was the CEO of Flavor Holdings. Theyre out in the fields, doing the work thats essential to maintaining a healthy planet. As a result of our commitment to premium quality, we search the globe for the best tasting, most sustainable ingredients we can find. Factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, the Companys ability to integrate Wholesome and Swerve and achieve the anticipated benefits of the transaction in a timely manner or at all; the extent of the impact of the COVID-19 pandemic, including the duration, spread, severity, and any recurrence of the COVID-19 pandemic, the duration and scope of related government orders and restrictions, the impact on our employees, and the extent of the impact of the COVID-19 pandemic on overall demand for the Companys products; local, regional, national, and international economic conditions that have deteriorated as a result of the COVID-19 pandemic, including the risks of a global recession or a recession in one or more of the Companys key markets, and the impact they may have on the Company and its customers and managements assessment of that impact; the impact of the COVID-19 pandemic on the Companys suppliers, including disruptions and inefficiencies in the supply chain; competition and consolidation in the Companys industry; the Companys ability to manage costs; the Companys ability to sustain rapid growth and launch new products; changes in consumer preferences; the Companys ability to successfully implement its growth strategies on a timely basis, or at all; the Companys reliance on exclusive distributors in certain jurisdictions; extensive and evolving government regulations that impact the way the Company operates; the Companys dependence on sales to the worldwide tobacco industry; and other risks and uncertainties described in the documents the Company files (or furnishes) with the U.S. Securities and Exchange Commission from time to time.