Street Talk

Sweet tooth: Healthy snack-maker Fancy Plants buys dessert business

Sarah Thompson, Kanika Sood and Emma Rapaport

May 19, 2025 – 5.49pm

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Fancy Plants, a healthy snack brand founded by Aussie chia seeds pioneer John Foss, has acquired family-owned Rizo Desserts, which has carved a niche for itself in scratching the sweet tooth of residents at hospitals and aged care facilities.

Rebecca Honner, the co-founder of Rizo Desserts, with John Foss, founder and CEO of Fancy Plants.

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.