©Atlantic Natural Foods
Canada’s Above Food has announced its acquisition of Atlantic Natural Foods, a manufacturer of plant-based protein foods.
Atlantic Natural Foods operates its own manufacturing facility in North Carolina, US, as well as a joint venture in Thailand. The company’s portfolio includes plant-based food brand Loma Linda, plant-based seafood alternatives range, Tuno, and egg replacer and protein-mix company, Neat.
Martin Williams, president and co-founder of Above Food, commented: “Atlantic’s commitment to sustainability, nutrition, accessibility and social responsibility are all values that deeply resonate with our team”.
He continued: “With five generations of agriculture experience at the helm of Above, we have a seed-to-fork mentality that shapes every product and partnership. We identified significant synergies between our two companies and the decision to join forces was an easy one.”
The deal is expected to close in Q1 of next year.
Back in July of this year, Above Food announced its acquisition of Only Oats and Culcherd.
© FoodBev Media Ltd 2022
World Beverage Innovation Awards – NOW OPEN FOR ENTRIES!
The awards celebrate excellence and innovation across the global beverage industry.
Don’t miss out on having your innovations recognised on a global scale.
Deadline for entries 23 July – enter now!
Don’t get left behind
Start your free Foodbev magazine trial today and join thousands of fellow industry professionals in receiving food and drink trends direct to our business.
Click here to start your free trial