 | |
| Type | Subsidiary |
|---|---|
| Industry | Food |
| Founded | 2003 |
| Founder | Shazi Visram |
| Headquarters | U.S. |
Key people |
|
| Products | Baby food |
| Parent | Danone |
| Website | happyfamilyorganics.com |
Happy Family is an organic and baby food company in the US. [1] It was ranked No. 2 in Inc. Magazine 's 2011 list of the 500 Fastest-Growing Companies, in the food industry category. [2]
Happy Family was founded in 2003 by Shazi Visram. Visram developed the idea as a graduate student at Columbia Business School, where she studied the baby-food market and child nutrition, and began building the company while in business school. [3] In 2005, Jessica Rolph joined as COO and founding partner. Rolph, a Cornell Business School graduate, had a prior career at Whole Foods in research. [3]
The company launched its first products on Mother's Day in 2006 – a line of organic, fresh-frozen baby meals sold through a New York grocery store chain. [4]
By 2010, Happy Family grew to more than $13 million in sales and was ranked 68th in Inc. Magazine's list of fastest-growing companies, with three-year growth of over 3,000%. [4] By the end of 2012, the company employed more than 70 people, and its products were available in over 14,000 stores and 30 countries. [5]
The company secured $30 million in debt and equity financing from individual private investors through a number of financing rounds rather than selling equity to private equity or venture capital groups. [6] [7] In May 2013, Groupe Danone acquired a 92% stake in the company with both Visram and Rolph as current owner partners. [8]
Nestlé S.A. is a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Vaud, Switzerland. It has been the largest publicly held food company in the world, measured by revenue and other metrics, since 2014. It ranked No. 64 on the Fortune Global 500 in 2017 and No. 33 in the 2016 edition of the Forbes Global 2000 list of the largest public companies.
Nabisco is an American manufacturer of cookies and snacks headquartered in East Hanover, New Jersey. The company is a subsidiary of Illinois-based Mondelēz International.
Danone S.A. is a French multinational food-products corporation based in Paris. It was founded in 1919 in Barcelona, Spain. It is listed on Euronext Paris where it is a component of the CAC 40 stock market index. Some of the company's products are branded Dannon in the United States.
Britannia Industries Limited is an Indian multinational FMCG company specialized in the food industry, part of the Wadia Group headed by Nusli Wadia. Founded in 1892 and headquartered in Kolkata, it is one of India's oldest existing companies and best known for its biscuit products. The company sells biscuits, breads and dairy products throughout India and abroad. Beginning with the circumstances of its takeover by the Wadia Group in the early 1990s, the company has been mired in several controversies connected to its management. However, it still has a large market share and it is profitable.
Silk is an American brand of dairy-substitute products currently owned by Danone after it purchased WhiteWave Foods in 2016.
Horizon Organic is an American company, founded in 1991, that produces organic milk and other organic food products. Horizon Organic is the largest supplier of organic milk in North America. Its products are sold in supermarkets and grocery stores. Horizon produces organic milk in Maryland and also purchases the majority of its organic milk from more than 700 dairies in 23 states.
Complan Foods is a British company that makes powdered milk energy drinks. It was acquired by Danone in 2011. In India the Complan brand is owned by the Zydus Wellness.
Gary Hirshberg is an American businessman. He is the former chief executive officer of Stonyfield Farm, the world's leading organic yogurt producer, based in Londonderry, New Hampshire. He joined the company just after its founding in 1983 and stepped down in 2011, but continues to serve as Chairman. He frequently speaks on topics including sustainability, organic agriculture and the profitability of green business.
Plum Baby was a United Kingdom company producing organic food for babies, based in Taplow.
PAI Partners is a French private equity firm based in Paris. It is one of the oldest firms in the sector, with its origins dating back to Paribas Affaires Industrielles, historically the principal investment arm of Paribas, which started operations in 1872.
Ingredion Incorporated is an American food and beverage ingredient provider based in Westchester, Illinois, producing mainly starches, non-GMO sweeteners, stevia, and pea protein. The company turns corn, tapioca, potatoes, plant-based stevia, grains, fruits, gums and other vegetables into ingredients for the food, beverage, brewing, and pharmaceutical industries and numerous industrial sectors. It has about 12,000 employees in 44 locations, and customers in excess of 120 countries.
Lactalis is a French multinational dairy products corporation, owned by the Besnier family and based in Laval, Mayenne, France. The company's former name was Besnier SA.
CircleUp is a financial technology company based in San Francisco that focuses on consumer goods startups. Since its official launch in April 2012, CircleUp has helped several consumer companies raise equity, including Back to the Roots, Halo Top Creamery, Little Duck Organics, Rhythm Superfoods and others. General Mills has an investment fund that is partnered with CircleUp to invest in companies listed on the platform.
Post Holdings, Inc. is an American consumer packaged goods holding company headquartered in St Louis, Missouri with businesses operating in the center-of-the-store, refrigerated, foodservice, and food ingredient categories. Its Post Consumer Brands business manufactures, markets, and sells both branded and private label cereal products. Its Michael Foods Group business supplies value-added egg products and refrigerated potato products to the foodservice and food ingredient channels. Through its Post Refrigerated Retail business, Post offers potato, egg, sausage, and cheese refrigerated side dishes products. Post participates in the private brand food category through its investment in 8th Avenue Food & Provisions, a leading, private brand centric, consumer products holding company.
Danone North America is a consumer packaged food and beverage company based in White Plains, New York, U.S, that manufactures, markets, distributes, and sells branded premium dairy products, plant-based foods and beverages, coffee creamers, and organic produce throughout North America and Europe.
Justin's is an American brand of natural and organic nut butters and peanut butter cups. The Boulder-based company manufactures and markets jars and single-serve squeeze packs of nut butter, along with various kinds of organic peanut butter cups. Justin's peanut butter cups are USDA-certified organic and use Rainforest Alliance Certified cocoa. Both the peanut butter cups and nut butters are distributed through stores such as Whole Foods Market, Sprouts Farmers Market, Starbucks, and Target in the United States.
Saffron Road is an American food brand. It is a subsidiary of American Halal Company, Inc. Saffron Road manufactures clean-label frozen foods, meal pouches, simmer sauces, family sized meals, and healthy snacks that are halal certified, all of which are made with ingredients from global cuisines. Saffron Road products are sold through 25,000 retail locations across the nation such as Whole Foods Market, Kroger, Safeway Inc., Giant Food Stores, Publix, Sprouts Farmers Market and H-E-B and Walmart, where it is the top natural protein-based entree.
Shazi Visram is an American entrepreneur, investor, and philanthropist, best known as the founder, CEO, and Chief Mom of Happy Family Brands. In 2013, she was acknowledged by President Barack Obama as "not only an outstanding businesswoman, but also a leader that all of us can emulate."
Jessica Rolph is an American entrepreneur and businesswoman. She is the CEO and co-founder of Lovevery, co-founder and former chief operating officer of Happy Family, and co-founder of the Climate Collaborative.
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