Sababa Holdings Affiliate Ozark Holdings (Sweet Oak Parent) to Acquire Whole Earth Brands

Heartland Food Products Group to Acquire Whole Earth Brands Americas Business

May 22, 2026

Consumer Products

Heartland Food Products Group entered into a definitive agreement to acquire the Americas business of Whole Earth Brands, including the Equal, Whole Earth, Swerve, and Chuker sweetener brands across North America and Latin America. The deal expands Heartland’s position in sugar reduction and low- and no-calorie sweeteners and will grow Heartland’s portfolio across retail, foodservice, e-commerce, ingredient solutions, and B2B channels.

Oaktree Capital to Invest $127 Million in Spectrum Brands' Home and Personal Care Business

May 5, 2026

Consumer Products

Spectrum Brands Holdings entered into a definitive agreement for a $127 million investment from Oaktree Capital Management in its Home and Personal Care (HPC) business. The deal includes $67 million of convertible preferred equity and a $60 million lien term loan recourse only to the HPC segment, with Oaktree receiving about a 27% stake upon closing.

Mother Earth Labs, Inc. Sold to Private Buyer

August 4, 2025

Consumer Products

Generational Group advised the sale of Mother Earth Labs, Inc., a San Antonio–based maker of plant-based nutritional supplements, to an undisclosed private buyer. The transaction closed on August 4, 2025; financial terms and buyer identity were not disclosed.

Sweet Oak (Rhône & Mariposa) Acquires Whole Earth Brands

August 7, 2024

Food & Beverage

Sweet Oak, a newly rebranded parent owned by affiliates of Rhône Capital and Mariposa Capital, completed the take-private acquisition of Whole Earth Brands, combining it with Royal Oak Enterprises. The acquisition was funded with an $862 million senior secured credit facility led by Silver Point Finance, with participation from Fortress Credit, Cerberus, Monarch and other co-investors; McDermott Will & Emery represented Rhône in the transaction.

Whole Earth Brands Acquires Wholesome Sweeteners

December 17, 2020

Food & Beverage

Whole Earth Brands, Inc. agreed to acquire all outstanding stock of WSO Investments, the holding company for Wholesome Sweeteners, for $180 million in cash plus up to $55 million in earnouts. The acquisition, expected to close in Q1 2021 subject to customary antitrust review, expands Whole Earth Brands' portfolio in organic and natural sweeteners and is expected to be immediately accretive to earnings.

The Hershey Company Acquires ONE Brands

September 23, 2019

Food & Beverage

The Hershey Company completed its acquisition of ONE Brands, LLC, a maker of low-sugar, high-protein nutrition bars, for $397 million (approximately $325 million net of tax benefits). The purchase expands Hershey's better-for-you snacking portfolio and is expected to be accretive to earnings in the first full year post-close.