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 purchased Uncle … The brand's founder, Matt McLean, reflects on the mission that has driven the organic juice leader for the past 21 years. 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. 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. Media +1 214-721-7766 media@deanfoods.com Michael Freitag / Viveca Tress / Lucas Pers Joele Frank, Wilkinson Brimmer Katcher +1 212-355-4449 Original Founders Complete Acquisition and Secure Dream Team of Investors and Advisory Board. Receive a free month of Agri-Pulse or Agri-Pulse West by … "My wife and I are excited for the opportunities ahead. This situation presented an opportunity for McLean to bid for the brand he started. “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.”. “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. All agreements are subject to court approval and certain other closing conditions. Subject to Bankruptcy Court approval, the transactions are expected to close at the end of April 2020. "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. 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 In November of 2019, Dean Foods filed for bankruptcy after struggling with shifting consumer preferences, private label competition and a reduction in milk processing. United States: 1645 E Hwy 50, Ste 102 Clermont, FL 34711 : Uncle Matt's Organic, Inc. Things got stirred up three years ago when the family owned company was purchased by Dean Foods. 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. 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 … Media Contact: Rachel Powell 516.314.7730 [email protected], Cision Distribution 888-776-0942 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. "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. Uncle Matt's Organic, Inc. has 10 total employees across all of its locations and generates $5.45 million in sales (USD). 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. 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. Harmoni Inc. bid $7.25 million for Uncle Matt’s, an organic juice line owned by Dean. “It is rare to have the opportunity to invest in and support a ‘start-up’ with so much history and opportunity ahead of it. All Uncle Matt’s products are USDA Organic, have no synthetic additives or preservatives and contain no GMOs. Additionally, the sale of the company’s uncle matt’s business to harmoni, inc. Dean foods is an american food and beverage company and … 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. The Giannuzzi Group served as lead counsel throughout the bankruptcy process. 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 … This unexpected homecoming also includes a new parent company named Harmoni, Inc., and an all-star advisory team of investors. The sale of Uncle Matt's Organic to Harmoni, Inc., was finalized on April 30, 2020. “My wife and I are excited for the opportunities ahead. The Giannuzzi Group served as lead counsel throughout the bankruptcy process. 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. This homecoming also includes a new parent company named Harmoni Inc. and an experienced advisory team of investors. Harmoni, Inc. has been designated as the winning bidder for the Uncle Matt’s business. "Uncle Matt's is one of America's truly legendary organic brands," said Gary Hirshberg, Co-Founder of Stonyfield Organic. All Uncle Matt's products are USDA Organic, have no synthetic additives or preservatives and contain no GMOs. This homecoming also includes a new parent company named Harmoni Inc. and an experienced advisory team of investors. 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. “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. This unexpected homecoming also includes a new parent company named Harmoni, Inc., and an all-star advisory team of investors. Harmoni, Inc. was designated as the winning bidder for the Uncle Matt’s business. Dean Foods purchased Uncle Matt… 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. "I am humbled to partner with such a high-caliber and experienced team," said Matt McLean. As a longtime fan and friend, I am thrilled to be their partner for the next leg of this exciting health and taste adventure.”. 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. 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. 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.". 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. This unique situation presented an opportunity for McLean to bid for the beloved brand he started. 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. The sale of Uncle Matt's Organic to Harmoni, Inc., was finalized on April 30, 2020. This unexpected homecoming also includes a new parent company named Harmoni, Inc., and an advisory team of investors. Contacts. 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