Vegan investment fund Veg Capital has made its first investment in Brazil by funding female-led chocolate company Super Vegan. Plans have been announced to grow the company’s production and sales by ten times in the next twelve months.
VFC Saves Meatless Farm From Administration
In a much-needed injection of good news for plant-based business, especially in the UK, fried chicken challenger brand VFC today officially confirms the acquisition of Meatless Farm, which was on the brink of bankruptcy, as many of our readers will be well aware. In a deal worth £12m in sales, VFC has stepped in to save the British brand known in particular for its vegan mince product. The Meatless Farm brand will be retained, with the product range diversifying VFC Foods’ existing plant-based chick*n portfolio. Speaking to vegconomist this morning, Co-founder Matthew Glover states: “Those claiming the plant-based food movement has peaked are mistaken. The consumer appetite for plant-based is still there and at a total EU level, the category is in growth, with unit …