New research from business and financial adviser Grant Thornton UK LLP finds that private equity (PE) activity in the food and beverage deal market has increased in the third quarter of the year.
International multi-protein food business Hilton Food Group has agreed to acquire the remaining 50% shareholding of vegan and vegetarian food manufacturer Dalco Food B.V.
According to Bloomberg Intelligence (BI), the plant-based foods market could make up to 7.7% of the global protein market by 2030, with a value of over $162 billion.
Verdino Foods, a brand delivering 100% plant-based products based on pea protein, is launching in the UK in August.
New research from business and financial adviser Grant Thornton UK LLP, suggests that plant-based foods “show no signs of losing their allure for investors.”
Co-led by BGF and Lever VC, the £11 million investment achieved by THIS™ is the largest Series A fundraise for a meat alternative brand in the UK.