Plant-based yogurt company Lavva has been acquired by lead operating partner, Next in Natural, for an undisclosed sum.
Lavva offers dairy-free yogurts featuring a blend of pili nuts, coconut and plantains, with naturally occurring prebiotics and probiotics. In addition, the brand’s portfolio includes milk alternatives made from sprouted pili nuts. The entire range is free from added sugar and flavours.
In addition to the new ownership, the company has also announced the appointment of Gourmet Guru founder, Jeff Lichtenstein, as CEO.
“Lavva is what’s next in natural – delicious and nutritious plant-based products aligned with consumer demand for clean, whole food, functional, regenerative ingredients, and convenience,” said Lichtenstein.
“Joining forces with these outstanding partners allows us to fortify the supply chain to keep up with demand and to produce additional innovation.”
Lavva founder and chief growth officer, Liz Fisher, added: “We are on track to propel the company’s growth by leveraging Next In Natural’s expertise in production, R&D, business development and marketing, which will help us evolve and reach new audiences”.
© FoodBev Media Ltd 2022
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