Nature’s Path acquires controlling stake in raw snack maker Gorilly Goods
Canadian organic cereal and snacks maker Nature’s Path has acquired a 51% stake in raw snack firm Gorilly Goods for an undisclosed sum.
“The first taste I had of Gorilly Goods [which produces savory and sweet organic and non-GMO nuts, fruits, seeds and greens snacks], I wanted more of it,” said Nature’s Path co-CEO and co-founder Arran Stephens. “It was simply delicious and there is nothing else like it.”
Nature’s Path involvement will provide the capital for Wisconsin-based Gorilly Goods to increase its manufacturing and leverage Nature’s Path retail network to expand distribution throughout North America and markets around the world, said Stephens.
“We discovered Gorilly Goods through our first venture event at Expo West 2016, with everyone on the panel blown away by its taste and quality. I knew we had to be part of such a delicious and healthy organic snack food.”
