Lion Capital and Hummingbird Exit Nutiva to Canadian Strategic

Nutiva and Coconut Secret have been acquired by an international strategic buyer, which will strengthen their leading position in the North American coconut products market. The terms of the transaction have not been disclosed.

Michael Lynch, CEO of Nutiva, stated, “This is an excellent outcome for the Nutiva brand, and we look forward to enhancing our market leadership with the resources of our new strategic partner. Hummingbird and Lion have been great partners in this journey.”