Canada’s Protein Powered Farms Acquires Meatless Farms Subsidiary Lovingly Made Ingredients
Protein Powered Farms, the owner and operator of Canada’s largest plant protein extraction facility, has announced the acquisition of Lovingly Made Ingredients, a subsidiary of well-known UK plant-based meat brand Meatless Farm. Lovingly Made Ingredients operates an extrusion facility for plant-based products in Calgary, Alberta. Constructed by Meatless Farms in 2021 to capture the North American plant-based meat market, it is said to be Canada’s largest extrusion facility. In a separate acquisition move, Meatless Farms was famously taken over by VFC this summer after facing bankruptcy. Impressively, the company returned to business almost immediately and its products were swiftly relisted at Tesco, Sainsbury’s, and Ocado. Shannon Hood-Niefer, CTO of Lovingly Made Ingredients, said, “I am really excited about this acquisition. I have spent over 15 …