USA: LiveKindly Collective to acquire plant-based company Alpha Foods

Plant-based company Livekindly Collective (LKC) has announced the acquisition of Alpha Foods a company specialized in frozen plant-based meals.

The acquisition will allow LKC to increase its footprint in the US market. Alpha Foods is a California-based manufacturer of frozen plant-based meals such us burritos, breakfast sandwiches, chicken nuggets, patties, chicken strips, and wraps, among all products.

Commenting on the acquisition, LiveKindly CEO David Knopf said: “LIVEKINDLY Collective is the plant-based food industry’s leading consolidator. We have a portfolio of strong plant-based food brands—including Fry’s, Oumph!, LikeMeat, No Meat, and Dutch Weed Burger—our focus is on building companies that share our vision and business ethos and have the potential to become global successes. We grow brands responsibly.”

Alpha Co-founder and chief innovation officer Loren Wallis said: “Joining LKC will enable Alpha to grow sustainably while propelling innovation in a category that is often accused of creating a plethora of plant-based versions of ubiquitous products like patties and nuggets.”

Sources: LiveKindly