USA: ACH announces acquisition of Anthony’s Goods

ACH, a manufacturer of branded cooking oils and baking products, has announced the acquisition of natural and organic food  firm Anthony’s Goods for an undisclosed sum.

Anthony’s Goods markets a range of gluten-free flour alternatives, baking aids and supplements, including coconut and almond flours, spirulina and algae powder, and activated charcoal.

Commenting on the acquisition, ACH CEO Imad Bazzi said: “One of the key reasons we partnered with Anthony’s Goods is their ability to rapidly meet increasing consumer demands for high quality natural, organic options. Anthony’s is one of the fastest growing, entrepreneurial businesses we’ve seen in our sector and will be a strong complement to our core business”.

Anthony’s Goods co-founder Anthony Zanontian added: “We definitely found the right partner in ACH, as they demonstrated a relentless passion and deep attention to detail for our products and our consumers”.

Source: ACH (via PR Newswire) / Anthony’s Goods