Veroni Brands Corp. Overview
Industry: Food Distribution
Sector: Consumer Defensive
Veroni Brands Corp. imports, distributes, and sells chocolate and snack products to retailers in the United States. The company's products portfolio comprises chocolates, including bars, bites, truffles, sticks, candies, cups, and gummies; and healthy snacks items. It offers chocolate products under the Sweet Desire and Baron Chocolatier brands, as well as under the private labels. The company was formerly known as European CPG Acquisition Corporation and changed its name to Veroni Brands Corp. in November 2017. Veroni Brands Corp. was incorporated in 2016 and is based in Bannockburn, Illinois.
Veroni Brands Corp. is evaluated using Mavefund's quality framework: growing earnings, durable profit margins, conservative leverage, strong return on equity, and disciplined share repurchases.
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