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Theo Chocolate announces merger, plans to close Seattle factory

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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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Seattle-based company Theo Chocolate to close factory, lay off around 60 employeesThis will see the company close manufacturing in Seattle and lay off around 60 employees, which it says is “necessary to ensure the future of the company.”
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