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Saco Foods, a player in the niche food products sector, has acquired Quinoa Corporation, which includes the well-established brands Ancient Harvest and Pamela's.

This move, completed in collaboration with Fengate Private Equity and Weathervane Investment Corp, underscores Saco's strategy to enhance its portfolio in the growing gluten-free and plant-based product categories.

Founded in 1983, Ancient Harvest helped to introduce quinoa to the US market. Today, it is recognised as a player in value-added, plant-based products, offering a range of gluten-free items such as pasta and polenta. The brand caters to the rising consumer demand for healthy, organic options.

Pamela's, established in 1988 and acquired by Quinoa Corporation in 2019, is known for its gluten-free baking mixes and snacks, including pancake mixes and cookies. The brand creates gluten-free graham crackers and fruit-filled cookies, appealing to a broad consumer base seeking gluten-free alternatives.

Tom Walzer, CEO of Saco Foods, said: "Broadening our offering with their quality products complements our existing portfolio and leverages our shared service platform to improve service and reinvest in innovation to drive the organic growth of these great legacy brands".

John Becker, former CEO of Quinoa Corporation added: "With the support of Saco, we have a great opportunity to reinvigorate these brands and expand our distribution while maintaining the high-quality standards our customers expect".

The acquisition aligns with broader industry trends as consumer preferences shift towards health-conscious and gluten-free products.

According to market research, the global gluten-free food market is projected to continue its robust growth, driven by rising awareness of gluten intolerance and the popularity of plant-based diets.

Saco Foods, founded in 1973, markets a range of shelf-stable brands, including Saco Pantry and Dolci Frutta, primarily through supermarkets and e-commerce channels across the US.

 Financial details of the transaction have not been disclosed.

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