Cashmere, WA — Liberty Orchards Co., Inc., which has been manufacturing its flagship Aplets & Cotlets brands at its factory in Cashmere, WA, for nearly 100 years, says it is looking for ways to take advantage of growth opportunities, including a possible merger, sale or private equity investment.
The company notes expansion of its domestic and international distribution, modernization of digital marketing direct-to-consumer and a re-fresh of its Orchard Bar brand, as well as cost reductions through economies of scale are possible growth drivers.
Liberty Orchards, founded by Armenian immigrants Mark Balaban and Armen Tertsagian, is in its third generation of family ownership and management under President Greg Taylor. Starting with Aplets, made with apples from the family orchards, the company has developed a range of fruit & nut candies, all based on the original recipe.
In addition to Aplets & Cotlets, the company produces Fruit Delights and Orchard Bars, which are non-GMO fruit, nut and seed bars.
The Liberty Orchards is working through Cordell Berge of Acquisitions NW to investigate potential partners. C&ST