Homegrown Naturals Inc. has acquired Annie's Naturals. The acquisition brings Annie's Naturals into Homegrown's family of natural and organic brands. Solera Capital LLC, the majority owner of Homegrown, facilitated the transaction through an investment in Homegrown. Financial terms of the acquisition and the Solera investment were not disclosed.
The addition of Annie's Naturals expands Homegrown's portfolio of environmentally friendly and socially responsible natural and organic brands. Homegrown's brands include Annie's Homegrown natural macaroni & cheese; Fantastic Foods, convenient vegetarian meals; and Consorzio flavored oils, dressings and marinades. Annie's Naturals' dressings that will become part of the portfolio include Goddess Dressing, and Shiitake & Sesame and Low-Fat Raspberry Vinaigrettes.