Above food has announced the acquisition of Farmer Direct Farmer Organic Foods (FDO), a 100% certified organic specialty legume proteins and grains business.
FDO was founded in 2018 to provide organic, traceable, single-origin, family-farmed legumes, and kitchen staples for plant-based eating, by the second year the company grew to have its products in over 2,000 stores in North America.
The acquisition will allow Above Food to accelerate product strategy and provides a wide portfolio of branded and private label products.
Jason Freeman, the co-founder, and chief executive officer of FDO, said: “From the first conversation with the Above Food team, we had great philosophical alignment on the ethics and responsibilities of food producers and the role that truly sustainable and traceable practices can play in the plant-based protein supply chain. With Above Food’s pedigree in scaled production and advanced ingredient processing, the combination of our companies and cultures will be synergistic.”
Source: The Newswire