an algae drink in a glass bottle

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Company News

Bunge Limited Makes $30M Capital Investment in Merit Functional Foods, Partnership to Expedite Completion of Plant-Based Protein Facility

Merit Functional Foods has announced its new partnership with ternational agribusiness and food company Bunge Limited. The collaboration will expedite the construction of Merit’s “state-of-the-art” plant-based protein production facility located in Winnipeg, Manitoba, Canada, where it will produce novel pea and canola protein ingredients.

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Merit new Facility

Merit Foods facility, Image: Business Wire

Company News

Justin Trudeau Announces $100M for Canadian Plant-Based Industry, Will Produce “World’s Highest Purity and Highest Quality” Proteins to “Redefine Plant Protein”

The Canadian government has announced financing of almost $100 million for Merit Functional Foods, a producer of plant protein, for its previously announced new Winnipeg facility which will reportedly produce the world’s highest purity and highest quality pea and canola protein. Merit’s CEO states the facility will “redefine plant protein”.

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