Love Cocoa Acquired By Ethical Chocolate Business Made Uncommon

Trending 3 months ago

Previously trading arsenic Coco Chocolatier, Made Uncommon precocious launched into M&A, snapping up Seed & Bean.

Credit: Love Cocoa/Facebook

Ethically-inspired cocoa business Made Uncommon has struck a 2nd acquisition conscionable weeks aft changing its cooperate personality from Coco Chocolatier.

London-based Love Cocoa joins nan Made Uncommon marque portfolio pursuing nan caller takeover of Seed & Bean Chocolates, according to Calum Haggerty, nan laminitis of Coco Chocolatier.

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Haggerty has promoted nan copy transactions connected LinkedIn, describing Love Cocoa arsenic an “ethically grounded cocoa marque pinch a clear ngo to make delicious cocoa that does bully for nan group down it”.

Love Cocoa was group up by CEO James Cadbury, nan great, great, awesome grandson of John Cadbury, nan laminitis of Birmingham, UK-based Cadbury cocoa now owned by US confectionery and snacks elephantine Mondelez International.

“James built thing distinctive. Starting and scaling immoderate marque takes grit, and this 1 carried nan weight of a sanction that meant thing successful British cocoa agelong earlier astir of america were born,” Haggerty said successful his post.

“James is stepping backmost to attraction connected his increasing family.”

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H!p Chocolate bars are nan champion of Love Cocoa’s portfolio, which consists of beverage and acheronian cocoa tablets, and truffles.

According to Love Cocoa’s website, its chocolates are “made from nan finest single-origin cacao, originated from sustainable suppliers who guarantee farmers person above-average prices for their crops”. The institution pledges to donate 1% of yearly income to reforestation projects.

In 2023, nan business secured GBP4.3m ($5.6m today) successful Series A funding from Richard Koch, a venture-capital investor. At nan time, Love Cocoa was trading into Harrods and John Lewis stores, while nan H!P Chocolate marque was stocked successful Tesco, Sainsbury’s and Ocado.

Upon nan firm personality change, Haggerty said successful a LinkedIn station 3 weeks agone that he near nan occurrence work successful 2013 to group up Coco Chocolatier. It has since launched nan “verified child-labour-free cocoa brand” Up-Up Chocolate and nan “plant-based single-origin” statement Otherly.

He added that nan business is now operating retired of a precocious built installation successful Edinburg, Scotland, based astatine Port Edgar Marina.

Haggerty described Made Uncommon arsenic a “new umbrella personality to merge our brands and springiness america nan level for what comes next”.

Two weeks ago, nan entrepreneur past revealed nan acquisition of Seed & Bean, which he noted is “one of Britain’s astir pioneering ethical cocoa brands” founded successful 2015.

Seed & Bean is committed to zero discarded and zero integrative arsenic a business that has “embraced ethical practises”, according to its website. The marque has listings successful Sainsbury’s, Whole Foods Market and Planet Organic, amongst others.

On nan heels of nan acquisition, Haggerty posted: “Made Uncommon is much than a location for our ain brands. It is simply a level for acquiring and scaling nan adjacent procreation of challenger brands.”

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