Creations Foods, a maker of gluten-free, health-oriented snacks, is expanding its presence in biscuits and confectionery with the acquisition of HighKey, a Florida maker of no sugar and low sugar treats, according to a Just Food report.
HighKey makes a range of low-carbohydrate products advertised as “the snacks you crave without all the sugar”. The firm’s product lineup includes biscuits, crackers, chocolates and cake bites.
Creations Foods, which is owned by agri-food-focused Canadian private-equity firm Rio Investment Partners, markets the Toatzy range of plant-based oat biscuits, as well as the Moon Cheese brand of cheese bites.
Commenting on the deal, Aki Georgacacos, chairman and CEO of Creations Foods, said: “We’re pleased to have acquired the assets of a second leading brand in the better-for-you snack segment. Leveraging our acquisition of Moon Cheese last year, we are moving quickly to reinforce both brands in the marketplace as we continue our evolution into an integrated manufacturer and marketer of leading low-carb baked snacks”.
Source: Just Food / HighKey / Creations Foods