Vegan Food Group

Vegan Food Group (previously known as VFC Foods) has announced that it has entered into an agreement to acquire Tofutown, a German-based manufacturer of plant-based foods with annual revenues of €60 million ($64 million). Founded in 1989, Tofutown is described as a large-scale supplier of natural, organic tofu, spreads and meat alternatives in the EU. It has two manufacturing sites, including one Luneburg in Lower Saxony that is described as …