Homegrown Naturals acquires Annie's Naturals

17/11/05 Homegrown Naturals, Inc., the owner of high-quality natural and organic food brands, announced that it has acquired Annie's Naturals, the leading maker of all-natural and organic salad dressings and condiments. The acquisition brings Annie's Naturals into Homegrown's family of industry-leading, natural and organic brands. Solera Capital, LLC, the majority owner of Homegrown, facilitated the transaction through an investment in Homegrown. Financial terms of the acquisition and the Solera investment were not disclosed.

The addition of Annie's Naturals expands Homegrown's portfolio of environmentally friendly and socially responsible natural and organic brands. Homegrown's brands include Annie's Homegrown, the number one natural macaroni & cheese; Fantastic Foods, the pioneering brand in convenient vegetarian meals; and Consorzio flavored oils, dressings and marinades. Annie's Naturals' popular and innovative dressings that will become part of the portfolio include Goddess Dressing, and Shiitake & Sesame and Low-Fat Raspberry Vinaigrettes.

The current leadership of Annie's Naturals will continue to play an active role in the evolution of the brand.

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