Toosum Healthy Foods announced last week its acquisition of KUTOA, a non-GMO, vegan nutrition bar company. Terms of the deal were not disclosed.
“After building KUTOA for six years, we are very excited to welcome the next chapter,” KUTOA CEO and founder Joey Grassia said in a statement. “Toosum shares many of the core values that have guided KUTOA; with their resources and our combined synergies, I am confident that they are the best partner to continue our mission and grow the brand. I began KUTOA in memory of my mom and as a way to make positive impact in the world. My only hope is that the brand will continue to make a positive impact. That’s all that matters to me.”