SunRice Group is to pay $50 million for a diverse range of bread, pastry and dessert product lines in the KJ&Co Brands portfolio. (PopCorners is roughly twice the size of Bare in channels she tracks.) SAN FRANCISCO — Expanding its portfolio of “snacks gone simple,” Bare Snacks has launched Baked Crunchy Veggie Chips in six varieties. The company did say it has a presence in 35 countries. Bare Foods was started in 2001 by Eric Strandberg. com.insightguru.giraffe.server.utils.PresentationUtil$PresentationTitle@4e63449. Bare Snacks’ no-sugar-added fruit chips are now carried in Whole Foods Market, Sprouts, Safeway, HEB, Wegmans, and Publix as well as in Target and … PepsiCo said Friday that it’s purchasing San Francisco-based Bare Foods Co., a maker of fruit and vegetable-based snacks, for an undisclosed sum. Related News Hello Select your address All. Last week, the food and beverage giant has announced its acquisition of a San Francisco-based startup brand called Bare Foods, maker of baked fruit and vegetable snacks for $200M. The acquisition is the latest by a U.S. food major looking to tap into rising demand from health conscious consumers for snacks that have low salt content and are less processed. PepsiCo, Inc. (NASDAQ: PEP) announced it has entered into a definitive agreement to acquire Bare Foods Co. (doing business as Bare Snacks), a U.S.-based maker of baked fruit and vegetable snacks. Barebells launched in 2016 and offers a tasty range of snacks and alternatives to breakfast and desserts – without compromising on flavor. “For nearly a dozen years, PepsiCo has been committed to Performance with Purpose, our vision of making more nutritious products, while also reducing added sugars, salt and saturated fat,” said Indra Nooyi, chairman and chief executive officer of PepsiCo. Skip to main content.us. Rhythm's organic, non-gmo, gluten free, vegan and vegetarian snacks are high in nutrients such as fiber, protein, and vitamins. 50 Most Admired Companies of the Year 2020. All Rights Reserved. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. Bare Snacks, a maker of baked fruit and vegetable snacks. The addition of Bare Snacks expands PepsiCo’s nutritious snacking options. SodaStream, Pepsi's most recently announced acquisition, builds on the company's pledge to introduce healthier snacks… Consumer demand for healthy snacks is a key driver fueling Bare Snacks’ growth, said Padki. The acquisition comes after the producer of Kisses and Reese's took a minority stake in Fulfil, a manufacturer of high-protein, vitamin-fortified nutrition snacks. “Bare Snacks fits perfectly within that vision. The private company didn't disclose sales data in the press release announcing the acquisition. PepsiCo will be looking forward to providing some healthy and tasty snacks for the consumers. We’re used to deciding between what we really want and what is good for us. “Bare premium baked fruit and vegetable chips are an exciting expansion of Frito-Lay’s better-for-you snack offerings,” said Vivek Sankaran, president and chief operating officer for Frito-Lay North America. Barebells protein bars are rich in protein with 20 grams of protein, no added sugar, without palm oil and only 200 calories. PURCHASE, N.Y. — PepsiCo, Inc. has agreed to acquire Bare Foods Co. d.b.a. Pepsi acquires Bare Snacks, expands better-for-you portfolio 28 May 2018 --- PepsiCo, Inc. has entered into a definitive agreement to acquire Bare Foods Co. (doing business as Bare Snacks), a US-based maker of baked fruit and vegetable snacks. Bare Snacks creates chips from apples, bananas, coconuts, carrots and sweet potatoes. PURCHASE, N.Y. — PepsiCo, Inc. has agreed to acquire Bare Foods Co. d.b.a. ... vegetable company Bare Snacks in … PepsiCo (NYSE: PEP) announced that it has entered into an agreement to acquire Bare Foods Co., maker of baked fruit and vegetable snacks. She likened the deal to Pepsi’s acquisition of Bare Foods in May 2018, which closed after 45 days for an undisclosed amount. Upon closing, the company will continue to run the business from San Francisco under Frito Lay, the North American division of PepsiCo. Bare Snacks has 12 employees at their 1 location and $9.25 m in total funding,. In 2018, the company bought baked fruit snack maker Bare Snacks and also purchased Health Warrior, which makes plant-based and protein-dense bars, mixes and snacks. Bare Snacks – best known for its apple, banana and coconut chips – has expanded into the veggie snacking arena with a new line of carrot, beet, and sweet potato chips. PepsiCo, Inc. announced last month it has entered into a definitive agreement to acquire Bare Foods Co. (doing business as Bare Snacks), a U.S.-based maker of baked fruit and vegetable snacks. DealStream • 245 First Street, Suite 1800, Cambridge, MA 02142 • +1-617-497-5100 Gift Cards Best Sellers Prime Customer Service New Releases Find a Gift Whole Foods Books AmazonBasics Kindle Books Toys & Games Fashion Sell Today's Deals Coupons Computers Video Games Free Shipping Amazon Home Registry Home Improvement … NEW YORK, Dec. 2, 2020 /PRNewswire/ -- Today, KIND, a healthy snacking leader, announced it has entered an agreement to acquire Nature's Bakery, a family-owned company that offers wholesome & delicious snacks, such as its beloved Fig Bars and other soft-baked foods. Bare Snacks was founded in 2001 by a family-owned organic apple farm in Washington state. Cart All. Bare has been providing healthy snacks for more then ten years. PURCHASE, N.Y: PepsiCo, Inc. (NASDAQ: PEP) today announced it has entered into a definitive agreement to acquire Bare Foods Co. (doing business as Bare Snacks), a … We all know life can be full of trade-offs; taste for nutrition or quality for convenience. PURCHASE, N.Y., Dec. 2, 2019 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) today announced it has entered into a definitive agreement to acquire BFY Brands, the maker of PopCorners snacks. Bare Snacks was founded in 2001 by a family-owned organic apple farm in Washington, that began selling packaged baked apple chips in local farmers’ markets. PepsiCo is expanding its better-for-you snack options with its newly announced acquisition of Bare Foods, which does business as Bare Snacks. Since Bare was founded in 2001, it has participated in 1 round of funding. The move by PepsiCo will expand their food range and will continue to offer consumers with healthy nutrition options. Bare Snacks fits perfectly within that vision," said Pepsi CEO Indra Nooyi. Bare Snacks was founded in 2001 by a family-owned organic apple farm in Washington. Bare Snacks® Announces NEW Apple-Themed Beachside Orchard Pop-Up Coming to Los Angeles SAN FRANCISCO--(BUSINESS WIRE)--The best of both worlds is coming to Los Angeles, as beachgoers can soon go apple picking and jump in a pile of autumn leaves without ever … This site requires JavaScript to function properly. A faster way to enter a new market with a new product is through acquisition. It began by selling baked apple chips in local farmers’ markets. PepsiCo to acquire PopCorners snacks maker, PepsiCo to expand in online snacks in China, PepsiCo to acquire Muscle Milk maker from Hormel Foods, PepsiCo to acquire SodaStream International, Closed Argentinian ports help support wheat, soy, corn futures, Slideshow: General Mills unveils 16 new cereals, Mondelez sees pastry, bars businesses as takeover targets. US-based food and beverage company PepsiCo has signed an agreement to acquire baked fruit and vegetable snacks manufacturer Bare Foods, which is doing business as Bare Snacks, for an undisclosed price. Company profile page for Bare Foods Co including stock price, company news, press releases, executives, board members, and contact information Snack Size. Bare is a prime example of a company looking to create healthy snacks that consumers actually like. The transaction will expand the company's snacking portfolio and further deliver on its Performance with Purpose vision to offer consumers more positive nutrition options. The transaction will expand Pepsico's snacking portfolio and further deliver on its Performance with Purpose vision to offer consumers more positive nutrition options. Bare Snacks, which started its operations in 2001 as a family-owned business, makes organic snacks with real fruits and veggies which are gluten-free. All Snacks. Manufacturer of baked crunchy fruit and vegetable chips intended to provide snacks made from simple ingredients. In total Bare has raised $9.2M. “While we will continue to offer the current Bare Snacks product line, we look forward to working with the Bare Snacks team to deliver new, innovative options, and ultimately expanded distribution, to meet the ever-growing consumer demands for authentic and nutritious snacks.”, We use cookies to provide you with a better experience. Currently, PepsiCo has 22 different brands under its portfolio which include brands like Tropicana, Gatorade, and Quaker. Share. THE SunRice Group has entered into a securities purchase agreement to acquire 100 per cent of KJ&Co Brands, an importer of branded food products across multiple categories in the Australian retail market, through its Riviana Foods subsidiary. Amplify Snack Brands is a growing family of brands dedicated to sharing our simple, tastier idea of what good snacks should be. “PepsiCo has been trying to make more nutritious and healthy products while also reducing added sugars, salt and saturated fat in its products,” added Patkai. Bare's funding round was on Jul 2013 for a total of $9.2M Hello, Sign in. For three days only, this vibrant, educational, and immersive event will. Since 2013 Bare has been one of the fastest growing healthy snack brands in the U.S. Financial terms of the transaction were not disclosed. The company's chips are baked, gluten free, non GMO, with no preservatives or anything artificial, enabling consumers to get simple and healthy snack … Rhythm Superfoods is an innovator in plant-based snacking. Financial terms of the transaction were not disclosed. Bare Snacks’ no-sugar-added fruit chips are now carried in Whole Foods Market, Sprouts, Safeway, HEB, Wegmans, and Publix as well as in Target and Costco and on Amazon. The products are made from simple ingredients that are baked (not fried) and are officially non-GMO verified. Please don’t waste your marketing dollars on … Under its current leadership team, it has expanded steadily to become the leader in apple, banana and coconut snacks. Food and beverages giant PepsiCo, meanwhile, had an eye on the healthier eating market with the acquisition of California-based better-for-you firm Bare Snacks. PURCHASE, N.Y., May 25, 2018 (PRNewswire) — PepsiCo, Inc. announced Friday afternoon it has entered into a definitive agreement to acquire Bare Foods Co., a U.S.-based maker of baked fruit and vegetable snacks. Pepsi announced the deal to acquire Bare Snacks in May. The Global market for Packaged Healthy Fruit Snacks is estimated to grow at a CAGR of roughly X.X% in the next 8 years, and will reach USD X.X million in 2027, from USD X.X million in 2020. Bare Snacks®, creator of delicious Snacks Gone Simple®, today announced it is bringing autumnal sights and activities to the beach with an experiential apple-themed pop-up in Venice, Calif. this September. Initially, he started selling organic apples in Washington and began slicing and baking them. Bare Snacks General Information Description. PepsiCo Inc. said Friday it is buying Bare Foods Co., a maker of fruit and vegetable snacks, as the global food and beverage company looks to expand its offerings of healthier fare. Bare Snacks, a maker of baked fruit and vegetable snacks. She likened the deal to Pepsi’s acquisition of Bare Foods in May 2018, which closed after 45 days for an undisclosed amount. Industry Trends. The Bare Snacks leadership team has done an outstanding job building a top-tier organization and a strong brand with authentic roots, and I couldn’t be more excited to welcome Bare Snacks to the PepsiCo family.”. Innovation includes a new keto-friendly line, Larabar cereal and cereal snacking mixes. © 2020 The Silicon Review. Our mission is to help you eat better, feel good, and be your best self—with the world’s tastiest sprouted seed snacks. SEASONABLY BARE. The acquisition of Bare Snacks will allow PepsiCo to diversify its product offering as well as have a positive impact on the Organic Snacks Market globally. They suit everyone who wants to give their taste buds a real treat. Filter +. (PopCorners is roughly twice the size of Bare in channels she tracks.) CPG companies introduce innovation with a cause. “Bare premium baked fruit and vegetable chips are a great expansion of Frito-Lay’s better-for-you snack offerings,” said Vivek Sankaran, President, and COO of PepsiCo’s Frito-Lay North America unit. A new Euromonitor report showed the US vegetable, pulse and bread chips are expected to post value CAGR of 3% at constant 2017 prices over the next five years, reaching $1.1bn, while fruit snacks are expected grow 1.3% in sales value year-over-year, reaching $2.48bn by 2022. The Barrel team has worked with clients like Barry’s, Dr.Jart+, Bare Snacks, ScottsMiracle-Gro, Rowing Blazers, Hu, and many more to build their Shopify Plus sites and marketing strategies across email, paid, and SEO. PURCHASE, N.Y., May 25, 2018 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) today announced it has entered into a definitive agreement to acquire Bare Foods Co. (doing business as Bare Snacks), a U.S.-based maker of baked fruit and vegetable snacks. 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