PlantPlus Acquires Plant-Based Food Makers Sol Cuisine, DEW
Chicago-based PlantPlus Foods, maker of plant-based foods with a joint venture between a leading global food solutions and nutrition company, ADM, and one of the leaders in the protein sector, Marfrig, announced its portfolio expansion in North America with the acquisition of Sol Cuisine following the recent acquisition of DEW Drink Eat Well, which has the Hilary’s brand.
These strategic acquisitions further position PlantPlus Foods as an industry enabler in the plant-based space as the company seeks to deliver more high-quality plant-protein choices for flexitarian, meat-eating and vegan consumers alike across the Americas, according to the company.
Sol Cuisine further expands the company’s portfolio to include plant-forward and meat analogue products in appetizers, entrees and meat analogue components to better meet the needs of consumers and their lifestyle choices across multiple categories. PlantPlus Foods is able to augment its scaled raw materials, high-capacity production and distribution capabilities from parent companies and strategic partners. These capabilities enable an end-to-end, vertically integrated ecosystem to support enriching plant-based protein choices.
The high demand for accessible and nutrition-forward products in the rapidly growing North American plant-based market provides the opportunity for PlantPlus Foods and its newly acquired partners to satisfy the needs of consumers while capitalizing on the potential of where the industry can grow. PlantPlus Foods looks to expand production and commercialization for plant-based protein products as it builds capabilities and infrastructures that will benefit the industry as a whole. PlantPlus Foods will continue to identify and address the industry’s white spaces while providing solutions to increase accessibility to more plant-based protein choices – enabling the industry to realize its enormous potential.
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Sol Cuisine is a fast-growing producer of branded and private label, consumer-preferred plant-based protein offerings across key center-of-plate and appetizer categories. The Company’s products are offered through an established omni-channel distribution platform in Canada, the United States and Mexico.
Hilary’s cooks craveable plant-based foods that are packed with whole veggies, grains, and beans that are always non-GMO and free from the top 12 common food allergens including wheat/gluten, soy, dairy, egg and nuts. The product portfolio consists of plant-based burgers and sausages and is distributed in the United States and Canada.
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