V2food

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Australia: V2food acquires ready meal brand Soulara

January 17, 2024

Asia Pacific, Food, Mergers & Acquisitions

V2food, a plant-based food company, has announced the acquisition of ready-meal brand Soulara in order to broaden its portfolio, extending its reach from retail and food service to the direct-to-consumer channel. Soulara claims to offer “chef-crafted, plant-based meals” that are made with a diverse range of ingredients and have a small environmental footprint. Commenting on the acquisition, V2food CEO Tim York said: “We know consumers want to eat more plant-based …

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Australia: V2food to close Wodonga plant

February 17, 2023

Asia Pacific, Food, Manufacture & Distribution

Plant-based firm V2food has announced that it plans to close its manufacturing facility in Wodonga Australia, with production transitioning to other facilities over the course of the year. According to an article in Grain Central, the company originally established the plant in 2020 to manufacture the soya isolates on which V2food’s products are based, but had been hampered by Australia’s limited processing infrastructure for soya beans. Commenting on the move, …

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