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Announced

Completed

Danone Manifesto Ventures completed the investment in Harmless Harvest.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Majority

Private

food producer

yogurt

Domestic

Food Products

Private Equity

Single Bidder

coconut water

Completed

Acquisition

Friendly

Synopsis

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Danone Manifesto Ventures, a venture group located in New York City, completed the investment in Harmless Harvest, a provider of organic coconut-based products. Financial terms were not disclosed. "It has been a privilege to be part of the Harmless Harvest success story over the past few years, as the company has continued to grow, innovate, and pioneer more responsible business practices. We are thrilled to further the partnership with a group of people who aim to be harmless to the planet and society and share our vision of a healthy and sustainable food system. We look forward to continuing our partnership with Ben and his talented leadership team, and supporting their inspiring ambitions," Laurent Marcel, Danone Manifesto Ventures CEO.

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