Hain Celestial says the divestiture sharpens the company’s focus and advances a simplified North American portfolio centered on core categories with stronger margin and cash flow profiles.
The new factory will increase Little Sesame's production capacity, moving from an annual output of 4 million pounds to a projected 20 million pounds at full capacity.
Sunbelt Bakery's refreshed packaging will roll out across its full product assortment, including Chewy Granola Bars, Soft Baked Bars and seasonal offerings.
While delivering a familiar format, Nutri-Grain Crunchy offers a convenient, mess-free bite and checks a range of nutrition boxes, including fiber, whole grains, peanut-free and non-GMO.
Hershey says this acquisition expands the variety of snacking choices it can offer consumers, adding a high-growth brand that complements the company's existing portfolio and brings additional manufacturing capacity.
Colorado-based Fresca Foods co-manufactures for leading U.S. and international brands, operating across five key categories: snack bars, granola, breakfast cereals, crackers and cookies.