Under Armour may be one of the biggest retailers in the country, but that doesn’t mean that CEO Kevin Plank has his head in the clouds. His new investment in a small, Baltimore-based food company is just one further example.
Plank (along with his brother, Scott) are investing $5 million in Tessemae’s, a salad dressing company run by three Baltimore brothers. The salad dressings are based on the Vetter family matriarch’s recipe, and put a premium on health. They don’t include any wheat, sugar, dairy, or thickening agents. That means they’re compatible with any number of diets, from gluten-free to Whole 30 to paleo, which has probably contributed to their success.
The Plank brothers’ investment in the Vetter brothers’ company sounds like a smart bet: Tessemae’s sold $25 million worth of products last year, and its salad dressings are available in Costco, Whole Foods, Kroger, and Safeway stores.
It’s always nice to see brothers helping out brothers!
Latest posts by Rachel Monroe (see all)
- The Effect of a Dilapidated Home on a Baltimore Block - September 19, 2017
- The Ku Klux Klan Is Apparently Still Alive and Well in Maryland - August 24, 2017
- Baltimore May Be Getting a Professional Soccer Team - September 16, 2016