Seattle's Theo Chocolate announced a merger with the American Licorice Company (ALC) that will lead to the closure of Seattle-run operations. FOX13
Once a local Seattle company, Theo chocolate will now be joining the ALC's organic and better-for-you brand portfolio. According to a press release by Theo, it maintains its commitment to serving customers organic and ethically-sourced chocalate.
"Like other businesses, we are contending with rising costs across all aspects of our manufacturing and supply chain, requiring us to change. We’ve had to make some tough but necessary decisions to ensure the company's long-term viability," said Etienne Patout, CEO of Theo Chocolate.
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