“We ran a competitive auction process and are pleased to have reached these agreements, which we believe represent the best path forward for our stakeholders,” Dean Foods president and chief executive officer Eric Beringause said. The Giannuzzi Group served as lead counsel throughout the bankruptcy process. Uncle Matt’s Organic has been a longtime Florida citrus fixture. I am excited to support Matt, Susan, and the Uncle Matt's brand on their continued path to build a meaningful brand with impact that consumers love and trust.". Harmoni, Inc. acquired the Uncle Matt’s juice business for $7.25 million. This unexpected homecoming also includes a new parent company named Harmoni, Inc., and an advisory team of investors. Harmoni Inc. has been designated as the winning bidder for the Uncle Matt’s business. Uncle Matt's is an active member of Organic Trade Association (OTA) and supports the Organic Farming Research Foundation, The Organic Center, and Organic Voices. Subject to Bankruptcy Court approval, the transactions are expected to close at the end of April 2020. The real-life uncle to ten nieces and nephews, Matt McLean ventured into the organic juice business in 1999 with a passion for healthy living as well … As a longtime fan and friend, I am thrilled to be their partner for the next leg of this exciting health and taste adventure.”. The sale of Uncle Matt's Organic to Harmoni, Inc., was finalized on April 30, 2020. Renewal Funds, a mission venture capital firm with a commitment to supporting organic companies, also participated. As previously announced on April 30, the Company completed the sale of its Uncle Matt’s business to Harmoni, Inc. and the sale of its Hilo facility and related distribution branches on the Big Island, Kauai and Maui, as well as a license to the Meadow Gold Hawaii brand name and related intellectual property to MGD Acquisition, LLC. Uncle Matt's products are available nationwide in fine retailers nationwide. "My wife and I are excited for the opportunities ahead. There are 243 companies in the Uncle Matt's Organic, Inc. corporate family. DALLAS– (BUSINESS WIRE)–Dean Foods (“Dean Foods” or the “Company”) today announced that it has completed the previously announced sale of the Company’s Uncle Matt’s business to Harmoni, Inc. Amid a portfolio of distressed assets up for sale by Dean Foods, juice maker Uncle Matt’s Organic may not have been the biggest potential get. “It is rare to have the opportunity to invest in and support a ‘start-up’ with so much history and opportunity ahead of it. from 8 AM - 9 PM ET, HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. The sale of Uncle Matt's Organic to Harmoni, Inc., was finalized on April 30, 2020. To be surrounded and supported by colleagues who have had enormous success in the organic industry is an honor and a journey we are looking forward to," he concluded. All Uncle Matt's products are USDA Organic, have no synthetic additives or preservatives and contain no GMOs. The Giannuzzi Group served as lead counsel throughout the bankruptcy process. Dean Foods purchased Uncle Matt’s in June of 2017 and retained the team to continue running the business, including McLean and his wife, Susan McLean, who oversees marketing. Interested in more coverage and insights? "When Dean's financial distress took a saddening and unfortunate turn, it became a rare opportunity for us to purchase Uncle Matt's to expand distribution, innovate into new categories, and educate consumers on the intrinsic health benefits of buying organic," he continued. In November of 2019, Dean Foods filed for bankruptcy after struggling with shifting consumer preferences, private-label competition and a reduction in milk processing. Now, it appears circumstances have come full circle as the popular organic juice brand has officially been welcomed back home to founder and CEO Matt McLean. Dean Foods ("Dean Foods" or the "Company") today announced that it has completed the previously announced sale of the Company's Uncle Matt's business to Harmoni, Inc. The Court also approved Producers Dairy Foods’ purchase of Dean Foods’ Reno, Nevada facility for $3.7 million and its purchase of the “Berkeley Farms” trademark and related intellectual property for $3 million, as well as Harmoni, Inc.’s acquisition of the Company’s Uncle Matt’s business for $7.25 million. From their very start, the McLean family has been at the forefront of meshing the most advanced ecological sciences together with a maniacal dedication to extraordinary taste and nutrition. This unique situation presented an opportunity for McLean to bid for the beloved brand he started. Organic juice marketer Uncle Matt’s Organic has been welcomed back home to its Founder and CEO Matt McLean, who built and subsequently sold the company to Dean Foods in 2017. "Uncle Matt's is one of America's truly legendary organic brands," said Gary Hirshberg, Co-Founder of Stonyfield Organic. SPW On RFD-TV: SEPC Southern Exposure Will Be First Show To... Gary Hirshberg, co-founder of Stonyfield Organic, John Foraker, former CEO of Annie’s and co-founder and CEO of Once Upon a Farm, Andrew Abraham, MD, CEO and founder at Orgain, Nicole and Peter Dawes, founders of Late July Snacks and Nixie Sparkling Water, Matt Rogers, founder of Nest and Incite.org. Uncle Matt's Organic is a Trademark by Harmoni Inc, the address on file for this trademark is 1645 E Hwy 50, Ste 102, Clermont, FL 34711 Harmoni Inc. bid $7.25 million for Uncle Matt’s, an organic juice line owned by Dean. This unexpected homecoming also includes a new parent company named Harmoni, Inc., and an all-star advisory team of investors. "I am humbled to partner with such a high-caliber and experienced team," said Matt McLean. "From their very start, the McLean family has been at the forefront of meshing the most advanced ecological sciences together with a maniacal dedication to extraordinary taste and nutrition. Bob Burke, principal of Natural Products Consulting LLC, will join board members Matt McLean, Susan McLean, Hirshberg and Paul Richardson, co-founder and managing partner of Renewal Funds. The sale of Uncle Matt’s Organic to Harmoni, Inc., was finalized on April 30, 2020. The founder of Uncle Matt’s Organic Inc. has successfully bid to regain the nation’s leading organic juice brand for $7.25 million in cash. It is rare to have the opportunity to invest in and support a "start-up" with so much history and opportunity ahead of it. Bob Burke, Principal of Natural Products Consulting LLC, will join board members Matt McLean, Susan McLean, Gary Hirshberg and Paul Richardson, Co-Founder and Managing Partner of Renewal Funds. This homecoming also includes a new parent company named Harmoni Inc. and an experienced advisory team of investors. “I’ve been a consumer of Uncle Matt’s for years and admire the brand for its authenticity and commitment to organic agriculture and great-tasting and approachable products,” Foraker said. All agreements are subject to court approval and certain other closing conditions. The company also completed the sale of its Hilo, Hawaii facility and related distribution branches on the Big Island, Kauai and Maui, as well as a license to the Meadow Gold Hawaii brand name and related intellectual property to … The McLean family is now supported by a powerhouse of successful industry investors including: Gary Hirshberg, Co-Founder of Stonyfield Organic John Foraker, Former CEO of Annie's and Co-Founder and CEO of Once Upon a Farm Andrew Abraham, MD, CEO and Founder at Orgain Nicole & Peter Dawes, Founders of Late July Snacks & Nixie Sparkling Water Matt Rogers, Founder of Nest and Incite.org Renewal Funds, a mission venture capital firm with a commitment to supporting organic companies, also participated. Dean Foods Completes Sales of its Uncle Matt’s Business and the Majority of the Meadow Gold Hawaii Business Dean Foods Dairy May 1, 2020 DALLAS – Dean Foods (“Dean Foods” or the “Company”) today announced that it has completed the previously announced sale of the Company’s Uncle Matt’s business to Harmoni, Inc. Dallas, Texas-based Dean Foods says it has completed the previously announced sale of the company’s Uncle Matt’s business to Harmoni Inc. John Foraker, Co-Founder and CEO of Once Upon a Farm commented, "I've been a consumer of Uncle Matt's for years and admire the brand for its authenticity and commitment to organic agriculture and great-tasting and approachable products. The sale of Uncle Matt’s Organic to Harmoni Inc. was finalized April 30. Dean Foods purchased Uncle Matt… “My wife and I are excited for the opportunities ahead. About Uncle Matt’s Organic Uncle Matt’s Organic® is the nation’s oldest organic orange juice company offering premium quality organic products. I am excited to support Matt, Susan and the Uncle Matt’s brand on their continued path to build a meaningful brand with impact that consumers love and trust.”, Uncle Matt’s Organic Returns Home After Dean Foods Bankruptcy, Produce Sales Gains Remain In Double-Digits In Early May, SPW On RFD-TV: Dr. James Hebert On Produce As An Immune Boost Against Covid-19, SPW On RFD-TV: SEPC Southern Exposure Will Be First Show To Go Live Again This April, American Farm Bureau Report Suggests Upgrades to NASS, Tennessee Pest Control Advisory Board To Meet, CPS Seeks $15 Million For Additional Produce Safety Research, Jan. 28 Webinar To Address COVID-19 Disruptions To Food Supply Chain, Allowing A Cell Tower On Your Land — What You Give Up Versus What You Gain. Harmoni, Inc. has been designated as the winning bidder for the Uncle Matt’s business. The McLean family is now supported by industry investors including: “I am humbled to partner with such a high-caliber and experienced team,” McLean said. As a long-time fan and friend, I am thrilled to be their partner for the next leg of this exciting health and taste adventure," he added. Organic juice marketer Uncle Matt’s Organic has been welcomed back home to its Founder and CEO Matt McLean, who built and subsequently sold the company to Dean Foods in 2017. Original Founders Complete Acquisition and Secure Dream Team of Investors and Advisory Board. United States: 1645 E Hwy 50, Ste 102 Clermont, FL 34711 : Uncle Matt's Organic, Inc. United States: 1645 E Hwy 50, Ste 102 Clermont, FL 34711 : Uncle Matt's Organic, Inc. Uncle Matt's Organic, Inc. has 10 total employees across all of its locations and generates $5.45 million in sales (USD). “We ran a competitive auction process and are pleased to have reached these … “If you told me three years ago after selling to a publicly traded, multi-billion dollar CPG leader that I’d buy Uncle Matt’s Organic back out of bankruptcy, I wouldn’t have believed you,” McLean said. Dean Foods purchased Uncle … CLERMONT, Fla., May 11, 2020 /PRNewswire/ -- Uncle Matt's Organic®, the nation's number-one selling brand of organic orange and grapefruit juices, has been welcomed back home to Founder and CEO, Matt McLean, who built and subsequently sold the company to Dean Foods in 2017. Contacts. The sale of the juice business to Harmoni, Inc., was finalized on April 30, 2020. Along with Uncle Matt’s, the McLeans also have a new parent company named Harmoni Inc., and a team of investors including: Gary Hirshberg, Co-Founder of Stonyfield Organic; John Foraker, Former CEO of Annie’s and Co-Founder and CEO of Once Upon a Farm; Andrew Abraham, MD, CEO and Founder at Orgain All Uncle Matt’s products are USDA Organic, have no synthetic additives or preservatives and contain no GMOs. About Uncle Matt's Organic Uncle Matt's Organic® is the nation's oldest organic orange juice company offering premium quality organic products. Dean Foods purchased Uncle Matt's in June of 2017 and retained the team to continue running the business, including McLean and his wife, Susan McLean, who oversees marketing. This situation presented an opportunity for McLean to bid for the brand he started. Uncle Matt's Organic®, an organic orange and grapefruit juice brand, has been welcomed back home to founder and CEO, Matt McLean, who built and subsequently sold the company to Dean Foods in 2017. Media Contact: Rachel Powell 516.314.7730 [email protected], Cision Distribution 888-776-0942 To learn more, visit unclematts.com or follow along on Facebook @unclematts or Instagram @unclemattsorganic. To be surrounded and supported by colleagues who have had enormous success in the organic industry is an honor and a journey we are looking forward to.”, Hirshberg said, “Uncle Matt’s is one of America’s truly legendary organic brands. Media +1 214-721-7766 media@deanfoods.com Michael Freitag / Viveca Tress / Lucas Pers Joele Frank, Wilkinson Brimmer Katcher +1 212-355-4449 Receive a free month of Agri-Pulse or Agri-Pulse West by … With Uncle Matt’s family owned again, McLean expresses his excitement. Harmoni, Inc. as the winning bidder for the Uncle Matt’s business. In November of 2019, Dean Foods filed for bankruptcy after struggling with shifting consumer preferences, private label competition and a reduction in milk processing. This homecoming also includes a new parent company named Harmoni Inc. and an experienced advisory team of investors. Dealing with Farm Credit of Central Florida during this process was the least difficult part of the whole process, from the securing of the loan and our additional line of credit for future growth.” The sale of Uncle Matt’s Organic to Harmoni was finalized April 30, 2020. Hannah Esper | Dec 15, 2020 The first U.S. juice company to be certified Glyphosate Residue Free by the Detox Project, Uncle Matt’s Organic is (and always has been) a pioneering organic company. “When Dean’s financial distress took a saddening and unfortunate turn, it became a rare opportunity for us to purchase Uncle Matt’s to expand distribution, innovate into new categories and educate consumers on the intrinsic health benefits of buying organic.”. "If you told me three years ago after selling to a publicly-traded, multi-billion dollar CPG leader that I'd buy Uncle Matt's Organic back out of bankruptcy, I wouldn't have believed you," said Matt McLean, Uncle Matt's Organic Founder and CEO. This unexpected homecoming also includes a new parent company named Harmoni, Inc., and an all-star advisory team of investors. Things got stirred up three years ago when the family owned company was purchased by Dean Foods. 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