Yorkshire

German investment management firm Comitis Capital ("Comitis") has acquired The Tofoo Co., the UK's No. 2 meat-free brand, which commands over 60% of the market share in tofu.

© The Tofoo Co.
Investments & Acquisitions

The Tofoo Co., the UK’s No. 2 Meat-Free Brand, is Acquired by Comitis Capital

German investment management firm Comitis Capital (“Comitis”) has acquired The Tofoo Co., the UK’s No. 2 meat-free brand, which commands over 60% of the tofu market share. Comitis Capital, which sees The Tofoo Co. ready for its next growth phase, aims to leverage its investment, expertise, and network to expand the brand. Founders David Knibbs and Lydia Smith will remain invested and continue to oversee the company’s growth in the UK and international markets. Nikolaus Bethlen, Managing Partner at Comitis, shares: “The Tofoo Co has firmly established itself as a leader in the plant-based meat alternatives market with a strong brand image offering high-quality products. David Knibbs and Lydia Smith have built a remarkable enterprise that is ready for the next phase of growth. The Tofoo …

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MYCO new CEO David Wood in front of facility

MYCO new CEO David Wood, image supplied
People

MYCO, Producer of Mushroom Protein Hooba, Appoints David Wood of VBites as New CEO Ahead of Expansion

Yorkshire, England-based MYCO, producer of a mushroom protein called Hooba, has appointed David Wood — most recently MD of VBites which sadly called in administrators last week — as new CEO as it enters its next stage of growth predicted to create 70 jobs in the region over the next three years. In his new role, Wood will oversee the launch of MYCO’s new sustainable food strategy at a new 20,000sq foot purpose-built site in North Yorkshire as the company ramps up production. “I’m thrilled to be joining MYCO, especially at such an exciting time in the company’s expansion,” comments Woods. Hooba indistinguishable from meat in taste tests Founded in 2016, the company was originally Hooba in its early iteration and now MYCO Holdings, specialising …

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Beck Hall plant-based hotel

© Beck Hall
Tourism & Travel

Yorkshire’s Beck Hall to Become “England’s First” Fully Plant-Based Hotel

Luxury Yorkshire hotel Beck Hall is set to become fully plant-based from December 1. The hotel, which is located in the village of Malham in the Yorkshire Dales National Park, claims to be the first in England to make the transition. On Facebook, owners Louise and Andy Macbeth explained that they had personally transitioned to a vegan diet for ethical reasons and wanted the business to reflect their values. The hotel’s menu is already around 50% plant-based, and the couple say they are “developing some of the most innovative, exciting and delicious vegan dishes we’ve ever tried” in preparation to become fully animal-free. The food is described as “for everyone”, not just for vegans and vegetarians. It will include Sunday roasts and afternoon teas as …

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MF No duja

@ Meatless Farm
Company News

Meatless Farm Back on Shelves Less Than a Month After Facing Administration

Best-selling products from UK alt meat brand Meatless Farm are back on supermarket shelves, along with a new product development said to be the first-to-market, just weeks after famously being acquired by industry peer VFC. Speaking to vegconomist on the acquisition of the brand, VFC Co-founder Matthew Glover said that the acquisition, financed from the company’s cash reserves, marks a crucial milestone for the company and its mission to remove animals from the food chain. A major step for plant-based “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 sales growth of the plant-based milk, meat and cheese categories outpacing that of animal-based …

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Malt ingredients PlantMalt

© Muntons
Ingredients

Muntons Launches PlantMalt Clean Label Ingredients for Meat Alternatives

Muntons, one of the world’s most significant malt and malted ingredients companies, announces the launch of PlantMalt, a new line of grain, liquid, and powdered malt extracts to be used in plant-based foods to make better meat analogs. According to Muntons, PlantMalt has been developed to help manufacturers achieve succulent flavours, texture, colour, and mouthfeel of meat alternatives. PlantMalt’s line was created by consulting alternative protein experts and adding Muntons’ extensive knowledge of malts. Richard Platt, the senior product development technologist at Muntons, said: “As a team, we fully immersed ourselves into the plant-based category, benchmarking the existing products, we were able to understand the challenges that manufacturers are facing. We identified the common ingredients used and understood their functionalities before creating our own plant-based burger, sausage, …

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MIGHTY founders, Tom and Nick Watkins

Image courtesy of Mighty
Investments & Finance

Mighty Plant-Based Milk Raises £8M for International Expansion

Mighty plant-based milk has raised £8 million in new capital as the fast-growing UK alt dairy brand looks to invest in international expansion. Mighty will also launch its new cutting-edge fermentation technology as it looks to lead the next generation of plant-based milks.  Pea-based pioneers Originally known for its pea-based milks, Mighty has expanded its product range which now features oat-based products, vegan protein powders, and shakes. Mighty has the goal of simplifying and democratising the plant-based milk segment, with the brand’s research showing over 70 different types of plant milk on the market, from soy- to potato-based. This complexity of choice, Mighty believes, can prove a barrier to entry for first-time buyers.  The Yorkshire-based brand now has its sights set on expanding into EU …

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©Mummy Meagz
Company News

Mummy Meagz: Delicious Vegan Treats from UK Pensioner

In a market first, “Mummy Meagz“, AKA Meagan Boyle from Yorkshire, England, has launched a startup with a difference; this baker has embarked on a new career in retail confectionary as a 70 year old pensioner. Her range of dairy-free and gluten-free Rocky Road cake bars are now available across the UK through wholefoods distributor, Sumo.

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