Acquisition enables manufacturing hub for
plant-based foods to propel industry growth
VANCOUVER,
BC, July 9, 2024 /PRNewswire/ -- Gathered
Foods, a leading pioneer in plant-based proteins and best
known for creating disruptive Good Catch® plant-based seafood
brand, today announced the sale of its dedicated plant-based
production facility Trellis to the Ahimsa Companies, a newly formed
holding company for plant-based brands.
Ahimsa Companies, one of Gathered's largest
stakeholders, will continue to operate the manufacturing plant as a
plant-based production hub. Gathered remains a strategic operating
and IP partner for both the facility and the Ahimsa Companies'
broader portfolio of CPG holdings.
The facility located in Heath, Ohio was commissioned in 2020 and is
exclusively focused on producing top-quality plant-based foods. It
maintains BRC 'AA' designation, the highest possible rating for the
British Retail Consortium for food and product safety.
Additionally, the facility has non-GMO Project verification, vegan,
halal and kosher certifications along with multiple
allergen-control programs.
"We have dedicated tremendous energy and effort
to bringing the factory to life and establishing this crucial
infrastructure for the industry," said Joel
Gfeller, President, Gathered Foods. "We look forward to
working alongside Ahimsa to support its next stage of growth and to
advance our collective mission of enabling plant-based production
in the U.S."
The Ahimsa Companies, led by Group CEO
Matt Tullman, is acquiring
plant-based brands, along with manufacturing and sales enablement
businesses. The group is nurturing the next generation of the
plant-based industry through consolidation, vertical integration
and leveraged resources.
"This strategically located plant is a
best-in-class production facility and is one that Ahimsa is keen to
optimize and utilize in support of the broader industry. The plant
is a core asset in our consolidation strategy," said Tullman.
Ahimsa Companies plans to continue co-manufacturing for current and
new customers, as well as manufacture proprietary products for its
portfolio holdings.
Gathered will continue to develop exceptional
ingredients and finished goods for the industry, catering to B2B,
private label and food service sectors. Its world-class pilot
plant/innovation center in Vancouver,
B.C., Cultivated Food Labs, remains one of Gathered's most
prized assets, complemented by its world-renowned technical
team.
Images are available here.
About Gathered Foods
Gathered
Foods is a leader in the plant-based foods value chain
including Cultivated Food Labs and Gathered Proteins.
About Ahimsa Companies
Ahimsa Companies
is propelling the plant-based foods sector forward by bringing CPG
brands, manufacturers and sales enablement businesses together to
create one of the largest plant-based holding companies in
North America.
Media Contact:
Cathy Cochran-Lewis, 512.627.5599,
380077@email4pr.com
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SOURCE Gathered Foods