M&A
confidence high
sentiment neutral
materiality 0.50
TRxADE HEALTH subsidiary Superlatus acquires Spero Foods assets for cash
Scienture Holdings, Inc.
- Superlatus (wholly owned by TRxADE HEALTH) acquired all assets of Spero Foods on Oct 2, 2023, for cash.
- Spero holds 21 global patents for plant-based dairy and egg alternatives using low-cost sustainable ingredients.
- Spero brands join Superlatus's Urgent Company umbrella alongside Coolhaus, Modern Kitchen, and Brave Robot.
- Spero plans 2024 launches of plant-based Mozzarella Sticks, Shreds, Cheddar Shreds, and reformulated cream cheese.