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All G Foods and Fenn Foods join forces to create ‘The Aussie Plant Based Co

PlantB by PlantB
Ekim 24, 2023
in News, Plant-Based Meat
0
All G Foods and Fenn Foods join forces to create ‘The Aussie Plant Based Co

In a strategic move set to redefine the landscape of plant-based meat products in Australia, All G Foods and Fenn Foods have merged their assets to create a new entity known as ‘The Aussie Plant Based Co.’ This groundbreaking collaboration involves transferring All G Foods’ esteemed Love Buds brand and Fenn Foods’ popular Veef brand into the newly formed venture.

Following the deal, All G Foods will retain a 49% ownership stake in The Aussie Plant Based Co., continuing its focus on the development of cutting-edge dairy-alternative products through its bio-technology division.

This amalgamation is anticipated to forge a robust and expansive network, boasting 6,000 distribution points across the country. The companies envision that this partnership will not only reshape the plant-based meat industry in Australia but also position The Aussie Plant Based Co. as a key player with ambitions to cater to a diverse range of consumer needs. Moreover, they plan to expand their footprint into the Asian and Middle Eastern markets, aiming to offer their innovative plant-based products to a wider international audience.

This exciting development underscores the growing trend and demand for plant-based alternatives in the food industry, signaling a promising future for the evolution of sustainable, cruelty-free food choices in Australia and beyond.

Tags: #AllGFood#Australia#biotechnology#crueltyfree#dairyalternatives#distribution#FennFoods#foodindustry#internationalmarkets#LoveBuds#merger#plantbasedmeat#sustainability#TheAussiePlantBasedCo#Veef
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