PlantPlus Foods Reaches Agreements to Acquire Sol Cuisine and Hilary’s
Summary
CHICAGO--(BUSINESS WIRE)--PlantPlus Foods LLC (“PlantPlus Foods”), a provider of leading-edge plant-based protein products across the Americas, is pleased to announce it has entered into definitive agreements to acquire Sol Cuisine Ltd (“Sol Cuisine”) and DEW Drink Eat Well, LLC (“Hilary’s”). The acquisitions of Sol Cuisine and Hilary’s will enhance PlantPlus Foods’ operations in North America to accelerate plant-based protein category growth in whitespaces and new plant-forward finished goods solutions. Sol Cuisine is a fast-growing producer of branded and private label, consumer-preferred plant-based protein offerings across key center-of-plate and appetizer categories. Hilarys produces allergen-free plant and vegetable-based foods without the use of wheat, gluten, soy, dairy, eggs, corn or nuts, focused on nutritious meals. To the extent permitted under applicable law, PlantPlus Foods assumes no obligation to update any forward-looking statements.