Avocado-centric Chosen Foods sells majority stake to Butterfly Equity to fund global expansion

In a deal announced Sept. 7, Chosen Foods sold a majority stake in the business to Butterfly for an undisclosed amount after “getting to know them over many months” and determining “their approach, expertise and values align squarely with the aspiration for Chosen Foods,” Chosen Foods CEO Gabriel Perez Krieb said in a statement.

Since 2011, Chosen Foods has been on a mission to “celebrate the position connection we have with one another, with delicious food and with the planet,”​ which does by hand harvesting 350 million avocados each year to create oils, dressings, mayos, cooking sprays, simmer sauces

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