Atlantic Natural Foods has completed the acquisition of US plant-protein products maker Neat Foods.
ANF said the deal would allow Neat Foods to “add to their family of shelf-stable protein-based healthy meat alternatives”.
Neat offers 100% natural, gluten and soy-free shelf-stable vegetarian/vegan foods. The products are made primarily of pecans and garbanzos bean. Its portfolio includes Original, Italian, Mexican, and Breakfast meatless dishes and the recently introduced Neat Egg which is a natural vegan egg substitute.
“At ANF, we believe that the addition of Neat helps us to create a true center-of-the-store shelf-stable category presence of healthy meat alternatives for present and future consumers,” said Kelly Krause, CEO of Atlantic Natural Foods. “Neat will join our current shelf-stable offerings; the iconic Loma Linda brand with over 100 years of history, as well as our Caroline’s brand which offers consumers the option of a Non-GMO Project Verified product. We continue to build upon the challenge of bringing great tasting, healthy, sustainable, portable meatless protein alternatives to the market.”
Laura Lapp, co-founder of Neat Foods, added: “We are excited about the future with ANF as this allows us to broaden the reach to consumers searching for meatless options. Our daughters inspired us to develop a meat-alternative for vegetarians and now with ANF we will have support to see this dream become a reality.”
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By GlobalData