ABC owns the Little Hug fruit juice range

ABC owns the Little Hug fruit juice range

Harvest Hill Beverage Co has completed its US$55m purchase of American Beverage Corp (ABC), owner of the Little Hug fruit juice range.

The acquisition, from Dutch food group Wessanen, was first agreed last month and ends a five-year search for a buyer. The move also marks Wessanen's full exit from the US, the company said.

Harvest Hill was formed last year by private-equity group Brynwood Partners. The company also bought the Juicy Juice business from Nestlé USA last July.

ABC owns fruit drinks and cocktail mix brands including Daily's and Little Hug, as well as the Guzzler soft drink range. In June 2012, Wessanen said that it had officially started the sale of the unit, before postponing the process at the end of the year.