Predict your next investment

Corporation
FOOD & BEVERAGES | Dairy products
dreamplantbased.com

See what CB Insights has to offer

Investments

1

About Dream

Dream makes non-dairy beverages, frozen desserts, and yogurts. On April 15th, 2021, Dream was acquired by SunOpta at a valuation of $33M.

Dream Headquarter Location

New Hyde Park, New York,

United States

800 434 4246

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Dream Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Dream Rank

Latest Dream News

SunOpta adds Dream, WestSoy to branded portfolio

Apr 16, 2021

Source: The Hain Celestial Group, Inc. 04.16.2021 MINNEAPOLIS – SunOpta Inc. has acquired the Dream and WestSoy brands from The Hain Celestial Group, Inc ., Lake Success, NY, for $33 million. The Dream brand is the No. 2 brand of shelf-stable, plant-based milks, originally launched in 1982. WestSoy is a branded shelf-stable soy beverage. SunOpta currently manufactures the entire WestSoy product portfolio, according to the company. “This transaction is very consistent with our previously stated objective of pursuing strong organic and inorganic growth in our plant-based business,” said Joseph D. Ennen, chief executive officer of SunOpta. “As previously communicated, our interest in brands is to allow the acceleration of innovation by giving us platforms to pursue emerging or niche opportunities.” SunOpta is primarily a private label and co-packing manufacturer, but the company also has its own brands. Sown, a line of organic oat milk creamers, was launched by the company after management identified white space in the oat milk category. “These two brands are perfect examples of niche brands that complement, but do not directly compete with, our vitally important co-manufactured partners,” Mr. Ennen said. “Since SunOpta has been manufacturing these brands for years, when this opportunity presented itself it was an obvious fit for us to own these brands. These leading brands will receive the appropriate attention within SunOpta, along with an objective of developing growth opportunities for each of the Dream and WestSoy branded products.” The Hain Celestial Group’s divestiture of the brands is part of the company’s transformation of its portfolio. “We considered this business to be non-core within our North American business, and as such, this divestiture fully aligns with both our portfolio simplification process and prioritization efforts of our ‘get bigger brands (initiative)’,” said Mark L. Schiller, president and CEO of The Hain Celestial Group. “Additionally, this transaction improves our growth profile without impacting the profit margin for the remaining Hain Celestial business, providing us with increased confidence in our ability to continue to enhance shareholder returns over the long-term.”

Dream Investments

1 Investments

Dream has made 1 investments. Their latest investment was in StyleScript as part of their Incubator/Accelerator on April 4, 2020.

CBI Logo

Dream Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

4/24/2020

Incubator/Accelerator

StyleScript

Yes

1

Date

4/24/2020

Round

Incubator/Accelerator

Company

StyleScript

Amount

New?

Yes

Co-Investors

Sources

1

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.