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Kids' food maker Plum Organics acquires Plum UK |
01.25.2013
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Plum Organics(r), a leading organic, kids nutrition company in the U.S., begins its international growth with the purchase of London-based Plum UK, a key player in that country's organic baby food market. The combined portfolio will consist of over 150 products, distributed in over 13,000 stores internationally and with retail sales of more than US$120 million. (The company's similar names are completely coincidental.)
The partnership positions Plum as a leading kids' nutrition brand, the first to offer premium products adjusted to the unique needs of infants, toddlers and school-aged children on an international scale.
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Plum Organics' Neil Grimmer will maintain his role as CEO for the new entity doing business as Plum Inc., and Scott Wotherspoon will continue to lead the UK business.
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