“I'm delighted to be joining such a strong and well-respected business,” said Basic. “Novus Foods has an outstanding portfolio, a talented team, and deep, long-standing customer relationships. I look forward to building on the strong foundation Tom has laid, working closely with our customers, our suppliers and our people, and taking the business to the next level."

"I'm enormously proud of what this company and its people have built over the past eleven years," said Davis. "We've created something truly special — an incredible team, a value-driven culture, and a business positioned to keep winning. Together we've grown Novus from a $200 million heritage business into a $1 billion chilled snacking platform with leadership positions in dips, desserts and yogurt, through five acquisitions, culminating in the transformational Noosa deal that took the company into its third category. I'm confident that now is the right time to pass the baton. Admir is the right leader to take Novus into its next chapter, and I'm excited to support him through a smooth transition. I'll remain a material shareholder and a committed supporter of the team through the handover and beyond."

Basic joins Novus Foods most recently from Great Kitchens Food Company, where he served as president and CEO. Earlier in his career he spent close to a decade at ARYZTA in senior commercial and finance roles, building a strong track record of growth, operational improvement and customer partnership across the food industry. He already knows many of Novus Foods' customers and suppliers personally.

About Novus Foods
Novus Foods is one of North America's largest chilled snacking platforms, with leadership positions in dips, desserts and yogurt, serving customers across North America. A portfolio company of CapVest Partners, Novus Foods is committed to excellent service, product quality, and long-term partnership with its customers.