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Trek One acquires Alter Eco Foods
FoodBev Media

FoodBev Media

5 February 2024

Trek One acquires Alter Eco Foods

Trek One Capital has acquired Alter Eco Foods, a manufacturer of organic dark chocolate bars, truffles, granola and quinoa. Alter Eco distributes its products across the US, Canada, Australia and New Zealand. The company operates a fully carbon-neutral manufacturing process, and its product packaging is recyclable, including compostable truffle wrappers. Raw materials are responsibly sourced from eco-friendly farms that prioritise regenerative farming, agroforestry, sustainable agriculture and fair-trade practices, with the company's products certified organic. Alter Eco was founded 20 years ago to create a premium organic chocolate brand to support cacao farmers in South America. The company has seen growth over the years by increasing market share in the organic/natural grocery channel and expanding its chocolate products including its truffle thin bars in a variety of different flavours. Recently appointed CEO of Alter Eco, Keith Bearden, commented: "I look forward to my partnership with Trek One along with their support and commitment to take the Alter Eco premium brand of products to the next level". Financial details of the acquisition have not been disclosed.

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