SWEET EARTH acquired by NESTLE

Nestle acquired Sweet Earth from founders Kelly Swette and Brian Swette in an agreement completed on 7 September 2017. Sweet Earth had reported annual revenue of $10–30M. At the time of the transaction, Sweet Earth operated a dedicated manufacturing facility in Moss Landing and produced a catalogue of more than fifty retail plant-based items distributed across American retail networks. The transaction established an operational foothold for the buyer within the North American plant-based and chilled vegetarian culinary market. Sweet Earth continued to operate as an independent business unit within the regional corporate food divisions of Nestle USA. Founders Kelly Swette and Brian Swette agreed to remain with the company in executive management capacities to lead product innovation, brand marketing, and daily manufacturing operations alongside the corporate parent. The agreement maintained all manufacturing activities at the existing production facility in California, supporting retail product pipeline development and supply continuity across grocery store channels. The parties finalized the transfer of share capital without external shareholder delays or regulatory interventions.