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US holding company HumanCo has acquired a majority stake in organic dairy-free ice cream producer Coconut Bliss for an undisclosed sum. Together, the companies aim to grow the Oregon-based plant-based dessert producer into a globally recognised brand. Founded by Jason H. Karp, co-founder of vegan chocolate maker Hu, HumanCo is committed to building brands focused on healthier living, transparency and sustainability. “HumanCo invests in and builds companies that make the best tasting and cleanest version of a consumer product, and that’s why we’re thrilled to join forces with Coconut Bliss,” said Karp, founder and CEO of HumanCo. Established in 2005, Coconut Bliss offers a portfolio of dairy-free ice cream pints, bars and sandwiches in a variety of flavours. Its non-GMO products are USDA Certified Organic with its ingredients sourced from independent farmers and fair-trade co-ops. Following the transaction, Coconut Bliss aims to innovate more products, expand distribution and increase its marketing investment. Karp continued: “We love ice cream, but most of the plant-based options don’t taste like delicious ice cream or are filled with weird, questionable ingredients. Coconut Bliss does things the right way - they make the most delicious, environmentally conscious, plant-based ice cream that meets both the HumanCo ingredient and taste standards. “We are excited to welcome Coconut Bliss into the HumanCo family and looking forward to helping them in this next chapter of growth.” Kim Gibson Clark, CEO of Coconut Bliss, added: “I am thrilled to join forces with HumanCo and amplify the importance of organic and intentionally sourced foods. “Coconut Bliss has always been dedicated to real ingredients, minimal processing, organic farming practices, fair trade, and socially just labour practices with all of our products and suppliers. HumanCo strengthens these commitments by providing shared resources to help our company operate on a larger scale."

HumanCo acquires plant-based ice cream firm Coconut Bliss

The Plant Base

16 July 2020

HumanCo acquires plant-based ice cream firm Coconut Bliss

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