About Huer Foods
Huer Foods is a company based in Langley (Canada) founded in 1986 was acquired by Krystal Growth Partners in October 2022.. Huer Foods offers products and services including Frosty, Sour Plus, Huer Classics, Super Mix, and Pocket Pals. Huer Foods operates in a competitive market with competitors including Ferrara Candy, SmartSweets, CannAmerica Brands, Regal confections and Brach's, among others.
- Headquarter Langley, Canada
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Huer Foods Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Krystal Growth Partners
(Oct 26, 2022)
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Products & Services of Huer Foods
Huer Foods offers a comprehensive portfolio of products and services, including Frosty, Sour Plus, Huer Classics, Super Mix, and Pocket Pals. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Soft chewy candy with natural flavors for everyday enjoyment
Tart candy option with plant-based and allergen-free variants
Traditional soft treats focusing on simple delights
Variety pack of chewy candies for sharing
Portable chewy candies with natural ingredients
Individual candy portions for on-the-go consumption
Larger candy servings with dietary options
Health-conscious chewy candies like gluten-free varieties
Funding Insights of Huer Foods
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Huer Foods
Huer Foods has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Krystal Growth Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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A Vancouver-based private equity firm is focused on mid-market businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Huer Foods
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Huer Foods
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Huer Foods Comparisons
Competitors of Huer Foods
Huer Foods operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ferrara Candy, SmartSweets, CannAmerica Brands, Regal confections and Brach's, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Gum and candies are manufactured and sold by Ferrara Candy.
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| domain | founded_year | HQ Location |
Gummy bear candies are manufactured and marketed by SmartSweets.
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| domain | founded_year | HQ Location |
Gummies in various flavors are manufactured and branded by CannAmerica.
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| domain | founded_year | HQ Location |
Distributor and manufacturer of confectionery and chocolate products
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| domain | founded_year | HQ Location |
Candy brand
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Huer Foods
When was Huer Foods founded?
Huer Foods was founded in 1986.
Where is Huer Foods located?
Huer Foods is headquartered in Langley, Canada. It is registered at Langley, British Columbia, Canada.
What does Huer Foods do?
Huer Foods was established in 1986 in Langley, Canada, within the food manufacturing sector. Operations center on the production and distribution of gummy candies, with a focus on branded confectionery items. The company maintains its primary base in Canada, serving regional markets through its domain huerfoods.com. Activities include formulation, packaging, and supply chain management for gummy products, adhering to standard industry practices.
Who are the top competitors of Huer Foods?
Huer Foods's top competitors include SmartSweets, Regal confections and CannAmerica Brands.
What products or services does Huer Foods offer?
Huer Foods offers Frosty, Sour Plus, Huer Classics, Super Mix, and 4 more products and services.
Who are Huer Foods's investors?
Huer Foods has 1 investor. Key investors include Krystal Growth Partners.