Proterra Asia Completes Acquisition in Brown & Haley, Maker of the Iconic ALMOND ROCA
SINGAPORE, April 21, 2026: Proterra Investment Partners Asia ("Proterra Asia"), through its Proterra Asia Food Fund 3, today announced the completion of its acquisition of Brown & Haley, a Tacoma, Washington-based confectionery company and maker of ALMOND ROCA, MOUNTAIN BAR, and related brands.
The acquisition was made in partnership with BHM Group Ltd. ("BHM"), led by Sam Meng. Founded in 1912, Brown & Haley is one of the United States' longest-established confectionery companies and the originator of ALMOND ROCA, invented in 1923.
The company operates from a single production facility in Tacoma's Dome District, which produces up to 4 million pieces of its signature butter-crunch toffee daily. With over a century of heritage and a product that has earned genuine consumer loyalty across generations, Brown & Haley's international business is anchored in Greater China, its second largest market globally after the United States.