December 20, 2022
Trü Frü’s snacks are made from real fruit and immersed in premium chocolate. The snacks are available in both a frozen and shelf-stable format across the US. The brand has demonstrated strong consumer appeal, and its total sales have increased by more than 500% since 2017.
Headquartered in West Valley City, UT, Trü Frü was founded in 2017 by its management team, chief executive officer Brian Neville, president Taz Murray, and chief operating officer Brandon O’Brien.
“We are thrilled to welcome one of the most innovative fruit-based snacks in the US into the Mars family of brands," said Andrew Clarke, global president Mars Snacking. "Trü Frü is a perfect complementary fit for our health & wellness portfolio and our capabilities will help the brand strengthen its operations, broaden distribution and accelerate growth. We want to be the preferred home for emerging and founder-led brands like Trü Frü. We are looking forward to working with the founders and the whole Trü Frü team to help them continue their long-term growth journey and bring the brand to even more people.”
Brian Neville, CEO and co-founder of Trü Frü, said, “We are delighted to be joining the Mars family of brands. Over the years, we have observed Mars’ success in building a global better-for-you snacking platform with both KIND and Nature’s Bakery. From the first moment we met the Mars team, we realized they were the right long-term partner for the company we had founded and invested so much of our time and energy in. They share our passion for healthier snacking, respect and admire the values that have made us successful, and have the capabilities we need to take our company to next level.”
The transaction is expected to close in the first quarter of 2023. Terms of the transaction were not disclosed.
About the Author(s)
You May Also Like
Kingspan Launches Bio-Based Insulation Made from HempNov 30, 2023
Abbvie to Acquire ImmunoGen for $10.1 BillionNov 30, 2023
Tyson Opens Fully Cooked Food Production PlantNov 29, 2023
Nestlé Puts Resources Into Plastics RecyclingNov 29, 2023