Little Moons company, a family-run ice cream premium company, has sold a significant minority shareholding to private-equity firm L Catterton, for an undisclosed sum. Founded in 2010, Little Moons produces “ice cream from another world”, bite-sized balls of artisanal gelato wrapped in a layer of mochi dough without preservatives or artificial ingredients. Howard Wong, co-founder of Little Moons said, “This transaction marks an exciting milestone for Little Moons, which began …
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L Catterton
McCormick, the US spice and seasoning firm, has entered into an agreement to acquire Cholula Hot Sauce from L Catterton for $800 million in cash. Cholula Hot Sauce is described as a premium hot sauce brand in six varieties of spicy Mexican flavours. It is claimed to be made using high-quality ingredients based on a 100-year old recipe comprising a blend of fresh peppers and regional spices. According to McCormick, the …
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