Plant-based meat producer, Modern Meat, has announced a co-packing agreement with California-based Real Vision Foods.
The Canadian company says that “it has long been a goal to produce and sell…[Modern Meat] products in the US”.
Co-manufacturer Real Vision reportedly has the capability to produce up to a wholesale value of $25 million worth of Modern Meat products per year through its facility. The level of production will depend on retail and wholesale demand for Modern Meat products in the US.
Production of the company’s products through Real Vision is expected to begin in the first quarter of 2021.
Campbell Becher, head of finance, and mergers and acquisitions for Modern Meat, said: “Modern Meat’s growth has always been an issue of available production capacity. By moving to the USA, our company has taken a significant step in the right direction to access production capacity that should support significant growth.
“By partnering with a strong co- manufacturer, it will allow Modern Meat to leverage its brand and amazing products to get placement in as many west coast retailers as possible.
“While growing Modern Meat in the USA we will continue our mandate to look for high-quality brands with distribution that fit our company principles.”
Modern Meat recently bought a number of healthy, vegan snack brands from JDW Distributors. The acquisition marked Modern Meat’s first step as part of its US expansion, and the company says that the deal includes a robust sales and distribution network.
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