date:Dec 24, 2013
Boulder Brands, Inc., the owner of the Udis, Smart Balance and Glutino brands, has acquired EVOL Foods, also based in Boulder, for $48 million from company founder Phil Anson and a group of investors. EVOL manufactures a variety of frozen food products, including burritos, quesadillas, entrees, bowls and skillet meals.
EVOL has positioned itself as a food processor serving the simple, clean label market. The company is estimated to have $17 million in sales during 2013, according to Boulder Bra