BENEO acquires Meatless B.V.
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BENEO acquires Meatless B.V.

  • 23 May 2022

On May 18, 2022, Südzucker subsidiary BENEO, a leading manufacturer of functional ingredients, has entered into a purchase agreement to acquire 100% of the Dutch company Meatless B.V. Meatless' current management will remain in office following the transaction.

As part of the Group's strategy 2026 PLUS, Südzucker Group has defined plant-based proteins as a focus topic. The acquisition of Meatless supports Südzucker's goal of evolving from a large-scale processor of agricultural raw materials to a leading partner for plant-based solu-tions. With the acquisition BENEO is expanding its existing product portfolio to offer an even wider range of texturizing solutions for meat and fish alternatives. BENEO is already responding to this trend with its textured wheat protein that is used as a meat replacer and is produced at the Wanze site in Belgium. With the acquisition of Meatless, BENEO can now offer its customers a variety of other opportunities to better serve the dynamic growth market of vegan and vegetarian substitute products.

Source: Südzucker