Above Meals Corp., a plant-based meals and components provider in Canada, has obtained native peer Northern Quinoa Manufacturing.
NorQuin as it’s identified, suits into Above Meals’s components portfolio and its consumer-facing subsidiary Above Meals Manufacturers, providing plant choices to meat, dairy, bakery and child meals.
Sponsored by way of plant-based investor Devour Past International Holdings, Above Meals stated NorQuin “will upload a scaled portfolio of speciality components features and consumers, along a rising CPG industry to the Above Meals platform”. Monetary phrases weren’t disclosed.
Above Meals Corp.’s current manufacturers come with Devour Up, that includes complete grains, plant-based meatballs and mince, pizza dough balls, oat cheeses and child meals. It additionally obtained Culcherd in 2021, supplying dairy-free cheeses and butter, and beverages maker Simplest Oats.
Lionel Kambeitz, the CEO of Above Meals Corp., stated in a observation: “The staff at NorQuin has constructed a in point of fact outstanding platform. Including them to our scaled, vertically-integrated platform will permit important alternatives for enlargement and margin enlargement throughout every of our core competencies.”
Arrange in 1992, Saskatchewan-based NorQuin provides the retail channel with merchandise together with packaged quinoa and flours. It additionally sells B2B consumers components corresponding to quinoa seeds and flours, flakes and bran.
Above Meals added it “plans to combine NorQuin’s class-leading genetic features and grower programmes … offering important scale to NorQuin’s current grower infrastructure, whilst making use of the staff’s experience in genetics and plant-breeding to a broader base of proteins”.
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