SunOpta Acquires Dream and WestSoy Plant-Based Beverage Brands For $33 million
SunOpta Inc., a leading healthy food and beverage company focused on plant-based foods and beverages and fruit-based foods and beverages, today announced the acquisition of the Dream® and WestSoy® plant-based beverage brands from The Hain Celestial Group, Inc, with a purchase price of $33 million. The acquired brands will add to SunOpta’s Plant-Based Foods and Beverages segment. The Dream brand is the #2 brand of shelf-stable, plant-based milks, originally launched in 1982. SunOpta currently produces approximately 50% of the Dream product portfolio and has done so for over a decade. The WestSoy brand is the only branded shelf stable soy beverage with a USDA organic certification and the American Heart Association certification of a heart-healthy product. Available at many leading national retailers, SunOpta currently produces …
