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1 MIN READ

Canada: Above Food acquires quinoa producer NorQuin

May 25, 2022
-
Food, Mergers & Acquisitions, North America

Canadian plant-based food supplier, Above Food, has acquired a local quinoa products supplier Northern Quinoa Production Corp. (NorQuin).

NorQuin, is the leading quinoa producer in the world providing a broad portfolio of quinoa in a variety of formats, such as whole seeds, flour, flakes, crisps, IQF, multi-grain blends, among others.

Lionel Kambeitz, CEO of Above Food, said: “The team at NorQuin has built a truly remarkable platform. Adding them to our scaled, vertically-integrated platform will enable significant opportunities for growth and margin expansion across each of our core competencies: Disruptive Agriculture, Specialty Ingredients and High Growth CPG”.

The acquisition of NorQuin will add a wide portfolio of specialised value added quinoa products to Above Food alongside a growing business.

Financial terms were not disclosed.

Sources: Above Food (via PR NewsWire)

Tags
Above Food
NorQuin
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Canada: Above Food acquires quinoa producer NorQuin - Gama