US alt-dairy company Lavva has received an investment from Australia’s Health and Plant Protein Group (HPP). HPP, formerly called Buderim Group, bought $300,000 of convertible promissory notes issued by Lavva’s holding company EVR.
The Return of Lavva: After Two Years, Beloved Plant-Based Yogurt Re-Launches in Stores
After a two-year hiatus, plant-based yogurt favorite Lavva is returning to US retailers. Prior to the 2020 pandemic, Lavva, known for its clean-label yogurt made with pili nuts, was experiencing strong growth and gained a highly devoted fan base. But months into the COVID pandemic, the company was forced to pivot from retail to online shipping, and additional challenges brought on by the global crisis further disrupted its supply chain and production. By 2021, Lavva’s products had largely disappeared from stores, leading many sad and disappointed fans to believe the company had permanently closed down. Making a comeback But Lavva devotees can rejoice again, because the company is officially back and working on re-stocking in stores. As Founder and Chief Growth Officer Elizabeth Fisher explains, …
