“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 Theo Chocolate CEO Etienne Patout.“We are incredibly grateful for our dedicated team members who have championed Theo’s mission,” Patout said. “We are committed to supporting those impacted by the transition ahead.
“Theo’s commitment to deliver delicious, organic, ethically sourced chocolate will remain unchanged, with continued availability to consumers online and at retailers nationwide,” said the company. Theo Chocolate said the changes are still being rolled out and that the merge with ALC is expected to close at the end of 2023.