Heartland Food Products Group, a producer and marketer of low-calorie sweeteners, drink mixes, coffee, and nutritional beverages for consumer markets has entered into a definitive agreement to acquire the Splenda low-calorie sweetener brand from McNeil Nutritionals, a subsidiary of Johnson & Johnson Consumer Inc. The transaction is expected to close before the end of the year; the financial terms have not been disclosed.
The acquisition of Splenda is expected to provide over 100 new jobs across the Indianapolis manufacturing plant, distribution center, and Carmel corporate office. Based outside of Indianapolis, Heartland Food Products Group is a global leader in the production of low calorie sweetener products, creamers, beverage concentrates, coffee, and nutritional drinks. Visit Heartland at www.heartlandfpg.com
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