About Sahale Snacks
Sahale Snacks is a company that focuses on the production of snack foods in the food industry. The company offers a variety of snack mixes, including glazed mixes, trail mixes, coconut mixes, and single-nut snacks, all of which are designed to provide nutritious and flavorful options for consumers. It was founded in 2003 and is based in Seattle, Washington. In September 2023, Sahale Snacks was acquired by Second Nature Brands.
Expert Collections containing Sahale Snacks
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Sahale Snacks is included in 1 Expert Collection, including Food & Beverage .
Food & Beverage
Startups in the food & beverage space, including alternative proteins, vertically-farmed produce, functional beverages and more.
Latest Sahale Snacks News
Jan 4, 2024
A trio of acquisitions and divestments in the packaged food industry at the turn of the new year suggest companies are taking a proactive and aggressive approach to rebuilding their businesses by reshaping their portfolios after industry stocks overall struggled in 2023. Danone, JM Smucker and Tyson all announced sales of select brands or facilities that were scooped up by investment firms or competitors in the days leading up to and kicking off the new year. The flurry of activity comes after a difficult year for food and beverage stocks, which have underperformed in the last 52 weeks, during which the S&P Composite 1500 Food Beverage & Tobacco fell 7% and the Dynamic Food & Beverage Intellidex Index dipped 1%. The drop-off reflects in part CPG companies’ struggles to lap high volume and sale marks first during the pandemic and then during a period of decades-high inflation. In the back half of 2023, several food and beverage companies reported slower than expected volume increases as deflation began to eat into their dollar sales gains and lingering high prices suppress consumer activity. Danone sells Horizon Organic, Wallaby business in the US Among the three deals, Danone’s proposed sale of is organic dairy business, including Horizon Organic and Wallaby, to US-based investment firm Platinum Equity reflects a general trend toward SKU rationalization and portfolio paring that CPG companies have embraced since the pandemic forced them to reassess supply chains, costs and their returns on investments. The definitive agreement, announced Jan. 2, to sell Horizon Organic and Wallaby for an undisclosed amount is part of Danone’s “Renew Danone” strategy announced last March, which includes four pillars, including restoring the company’s competitiveness in core categories and geographies, selectively expanding Danone’s presence in segments, channels and geographies, “seeding of future growth avenues” and an active portfolio rotation. At the time, CEO Antoine de Saint-Affrique said the portfolio review and renew strategy were necessary because while “Danone has been leading the way in many fields: branding, innovation, people’s development and sustainability,” it also has “been underperforming our markets for a while and [has] a lot we can improve on.” The deal gives Horizon Organic and Wallaby the potential to shine as an independent business under the guidance of Platinum Equity which sees the brands as well positioned to tap into demand for organic and value-added products within the dairy milk category. JM Smucker closes sale of fermented condiment brands to TreeHouse Foods The same day that Danone announced the sale of its premium dairy business, JM Smucker Co closed the sale of its Bick’s pickles, Habitant pickled beet, Woodman’s horseradish nd McLarens pickled onions brands to Treehouse Foods for about $20m in cash. Like Danone, JM Smucker based its decision to sell on its desire to better focus on growing core areas, including coffee, spreads, frozen handheld and pet. JM Smucker has been aggressively reshaping its portfolio in the past year, with the other deals including the divestment of Sahale Snacks and acquisition of Hostess Brands. Even though the company remains bullish on pet, it also recently divested part of its pet food business to Post Holdings. Cal-Maine Foods scoops up Tyson Foods’ shuttered broiler processing plant At the tail end of 2023, fresh egg producer Cal-Maine Foods announced plans to acquire a broiler processing plant, hatchery and feed mill in Dexter, Mo., which were among several facilities that Tyson Foods recently closed. Cal-Maine says it plans to convert the assets to support egg and egg product production, including converting the broiler processing plant to an egg grading facility. The acquisition also could support the potential expansion into egg product processing capabilities, such as hard-cooked eggs. The deal also will expand Cal-Maine’s geographic footprint and its cage free, free range and pasture raised egg production operations if farmers that previously worked with Tyson convert their operations to support Cal-Maine. Tyson shuttered the plant along with several other chicken and meat facilities as part of a broader effort to become more efficient and find cost-savings. It simultaneously opened a high-tech chicken facility to further accelerate growth. Copyright - Unless otherwise stated all contents of this web site are © 2024 - William Reed Ltd - All Rights Reserved - Full details for the use of materials on this site can be found in the Terms & Conditions
Sahale Snacks Frequently Asked Questions (FAQ)
When was Sahale Snacks founded?
Sahale Snacks was founded in 2003.
Where is Sahale Snacks's headquarters?
Sahale Snacks's headquarters is located at 3411 South 120th Place, Seattle.
What is Sahale Snacks's latest funding round?
Sahale Snacks's latest funding round is Acquired - II.
How much did Sahale Snacks raise?
Sahale Snacks raised a total of $9.5M.
Who are the investors of Sahale Snacks?
Investors of Sahale Snacks include Second Nature Brands, J.M. Smucker and Palladium Equity Partners.