Carlsbad, California-based brekki, with a line of dairy-free, ready-to-eat Overnight Oats, announced it has been acquired by the executive team of Cedar’s Foods, a global leader in Mediterranean Foods.
The popularity of overnight oats continues to rise. The global oatmeal market is expected to grow at a CAGR of 4.2% to account for US $14.08 billion in 2027, according to analyst firm Big Market Research. The combination of brekki’s product and the Cedar’s leadership team’s 155+ years of food industry experience means brekki is now well positioned to impact this growing market.