Mount Franklin Foods, LLC — the parent company of Sunrise Confections, Azar Nut Company and Mount Franklin Nutritionals — has acquired North Carolina-based Hospitality Mints, LLC for an undisclosed sum.
The gum and mint manufacturer, which sells aspartame-free sweets, made the list with a five-year revenue growth of 5,496 percent. It was also ranked no. 1 in the Manufacturing and Distribution category.
The gum and mints market is hard up for innovation, and people just don’t seem to be that excited when companies come up with yet one more name for “mint.”
Even though gum and mint sales have declined in recent months, creative pushes are coming from both market to keep customers cool, calm and collectively chewing.