{"id":149408,"date":"2026-02-06T15:44:10","date_gmt":"2026-02-06T20:44:10","guid":{"rendered":"https:\/\/athletechnews.com\/?p=149408"},"modified":"2026-02-06T15:44:12","modified_gmt":"2026-02-06T20:44:12","slug":"trubar-sells-for-173-million-protein-bar-boom","status":"publish","type":"post","link":"https:\/\/athletechnews.com\/trubar-sells-for-173-million-protein-bar-boom\/","title":{"rendered":"Trubar Sells for $173M Amid Protein Bar Boom"},"content":{"rendered":"<h5 class=\"wp-block-heading\" id=\"h-eti-gidas-s-173m-all-cash-deal-for-trubar-marks-the-latest-acquisition-in-the-red-hot-protein-and-better-for-you-space-for-independent-brands-still-on-the-shelf-the-question-may-be-no-longer-if-they-ll-sell-but-when\">ETi Gidas&#8217;s $173M all-cash deal for Trubar marks the latest acquisition in the red-hot protein and better-for-you space. For independent brands still on the shelf, the question may be no longer if they&#8217;ll sell, but when<\/h5>\n\n\n\n<p>Trubar has been snapped up for $173 million by ETi Gida, a family-owned global snack company headquartered in Turkey, a deal that will bring the plant-based and vegan protein bar brand to new international markets.<\/p>\n\n\n\n<p>The transaction is a 100% acquisition with no earn-out, paid entirely in cash. Founder and CEO Erica Groussman and the rest of the Trubar team will remain in place, the company confirmed.<\/p>\n\n\n\n<figure class=\"wp-block-image size-medium_large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"788\" height=\"525\" src=\"https:\/\/athletechnews.com\/wp-content\/uploads\/2026\/02\/Erica-Groussman2-788x525.webp\" alt=\"\" class=\"wp-image-149420\" style=\"width:602px;height:auto\" srcset=\"https:\/\/athletechnews.com\/wp-content\/uploads\/2026\/02\/Erica-Groussman2-788x525.webp 788w, https:\/\/athletechnews.com\/wp-content\/uploads\/2026\/02\/Erica-Groussman2-1180x787.webp 1180w, https:\/\/athletechnews.com\/wp-content\/uploads\/2026\/02\/Erica-Groussman2-428x285.webp 428w, https:\/\/athletechnews.com\/wp-content\/uploads\/2026\/02\/Erica-Groussman2-1536x1024.webp 1536w, https:\/\/athletechnews.com\/wp-content\/uploads\/2026\/02\/Erica-Groussman2-2048x1365.webp 2048w\" sizes=\"(max-width: 788px) 100vw, 788px\" \/><figcaption class=\"wp-element-caption\">Trubar founder and CEO Erica Groussman (credit: Trubar)<\/figcaption><\/figure>\n\n\n\n<p>\u201cBy joining the ETi family, we\u2019re not changing who we are \u2014 we\u2019re doubling down on it,\u201d Groussman said. \u201cOur products, people and values remain at the heart of everything we do. What changes is our ability to deliver with greater consistency, innovate faster and reach more consumers around the world.\u201d<\/p>\n\n\n\n<p>Trubar, which comes in several dessert-inspired flavors, has expanded to more than 21,000 retail locations and reached nearly $100 million in gross revenue in 2025, according to the company.<\/p>\n\n\n\n<p>\u201cWelcoming Trubar into the ETi family is a strategic step in expanding our presence in North America \u2014 one of the most influential markets globally, shaping the future of snacking,\u201d ETi Gida chairman Firuzhan Kanatl\u0131 said. \u201cBy combining ETi\u2019s operational expertise and scale with Trubar\u2019s strong clean-label portfolio and agility, we believe both brands are well positioned for long-term global growth.\u201d<\/p>\n\n\n\n<p>Along with a functional category, ETi Gida sells products spanning biscuits, chocolates, salt snacks and chilled and frozen bites.<\/p>\n\n\n\n<figure class=\"wp-block-image size-medium_large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"788\" height=\"1181\" src=\"https:\/\/athletechnews.com\/wp-content\/uploads\/2026\/02\/Trubar-37-788x1181.webp\" alt=\"\" class=\"wp-image-149419\" style=\"width:389px;height:auto\" srcset=\"https:\/\/athletechnews.com\/wp-content\/uploads\/2026\/02\/Trubar-37-788x1181.webp 788w, https:\/\/athletechnews.com\/wp-content\/uploads\/2026\/02\/Trubar-37-1180x1769.webp 1180w, https:\/\/athletechnews.com\/wp-content\/uploads\/2026\/02\/Trubar-37-428x642.webp 428w, https:\/\/athletechnews.com\/wp-content\/uploads\/2026\/02\/Trubar-37-1025x1536.webp 1025w, https:\/\/athletechnews.com\/wp-content\/uploads\/2026\/02\/Trubar-37-1366x2048.webp 1366w, https:\/\/athletechnews.com\/wp-content\/uploads\/2026\/02\/Trubar-37-scaled.webp 1708w\" sizes=\"(max-width: 788px) 100vw, 788px\" \/><figcaption class=\"wp-element-caption\">credit: Trubar<\/figcaption><\/figure>\n\n\n\n<p>The deal comes as global players continue to scoop up protein and better-for-you brands at an accelerating pace.<\/p>\n\n\n\n<p>Last January, Ferrero Group acquired Power Crunch, adding to its growing better-for-you portfolio that already includes Fulfil and Eat Natural in Europe. Mars Inc. completed its acquisition of Kellanova late last year, bringing RxBar into its portfolio alongside Kind, which it acquired in 2020. <\/p>\n\n\n\n<p>PepsiCo has been adding better-for-you brands including <a href=\"https:\/\/athletechnews.com\/pepsico-acquires-siete\/\">Siete<\/a> and <a href=\"https:\/\/athletechnews.com\/prebiotic-soda-power-pepsico-acquires-poppi-for-1-95b\/\">prebiotic soda brand Poppi<\/a>, joining Health Warrior, Off The Eaten Path, Sabra, PopCorners and Bare. The Hershey Co. isn\u2019t missing out either &#8212; the company <a href=\"https:\/\/athletechnews.com\/hershey-joins-better-for-you-frenzy-with-lesserevil-deal\/\">struck a deal for healthy popcorn and snack brand LesserEvil last April.<\/a><\/p>\n\n\n\n<p>Protein, for its part, has become the darling macronutrient. The protein obsession has pushed restaurants and fast-casual chains to overhaul menus with high-protein options, and <a href=\"https:\/\/athletechnews.com\/starbucks-protein-rollout-paying-off-more-healthy-options-fiber\/\">even boosted traffic at Starbucks, after it leaned into protein-packed drinks and snacks<\/a>.<\/p>\n\n\n\n<p>And if there&#8217;s any doubt protein has reached peak mania, consider this: Beyond Meat, the plant-based company known for engineering burger and sausage substitutes, recently launched Beyond Immerse, a sparkling protein beverage line. The pivot signals <a href=\"https:\/\/athletechnews.com\/beyond-meat-protein-fiber-drink\/\">just how irresistible the protein opportunity has become, even for brands built on solid food<\/a>, although <a href=\"https:\/\/athletechnews.com\/why-2026-is-shaping-up-to-be-the-year-of-fiber\/\" type=\"post\" id=\"148105\">some insiders are betting on a fiber boom<\/a>, too. <\/p>","protected":false},"excerpt":{"rendered":"Trubar&#8217;s $173 million deal marks the latest acquisition in the protein gold rush, and seemingly everyone wants in.","protected":false},"author":43,"featured_media":149409,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"disable_comments":false,"pmpro_default_level":"","tpd_franchise_content":"","hide_featured_img_single_post":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"tpd_featured_video":[],"tpd_sponsored_post_logo":"","tpd_sponsored_post_logo_link":"","tpd_sponsored_post_logo_width":0,"tpd_sponsored_enable_nofollow":true,"tpd_disable_incontent_ads":false,"tpd_disable_right_rail_ads":false,"tpd_disable_after_content_ads":false,"tpd_disable_header_ads":false,"tpd_disable_sticky_footer_ads":false,"tpd_disable_video_ads":false,"tpd_disable_outbrain":false,"tpd_affiliate_disclaimer":[],"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,7],"tags":[4079,5721,4722,7941],"post-options":[],"vertical":[],"coauthors":[4135],"class_list":{"0":"post-149408","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance","8":"category-nutrition","9":"tag-acquisition-alert","10":"tag-better-for-you","11":"tag-protein","12":"tag-trubar","13":"pmpro-has-access"},"acf":[],"featured_media_url":"https:\/\/athletechnews.com\/wp-content\/uploads\/2026\/02\/Daydreaming-About-Donuts-July-25-e1770393621296-1180x786.webp","author_name":"courtney-rehfeldt","author_avatar":"https:\/\/athletechnews.com\/wp-content\/uploads\/2021\/08\/cropped-DSC_7858-scaled-1-96x96.jpg","primary_category":{"term_id":3,"name":"Finance","slug":"finance","taxonomy":"category","url":"https:\/\/athletechnews.com\/category\/finance\/"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.3 (Yoast SEO v26.8) - 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