* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, May 30, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Rachel Guttman Launches Entertainment Law Firm Gutt Law, PLLC [Exclusive] – MusicRow.com

    Rachel Guttman Unveils Exciting New Entertainment Law Firm: Gutt Law, PLLC!

    HYBE Cashes In: Offloads Final Stake in K-Pop Rival SM Entertainment for $177 Million!

    Allied Gaming & Entertainment Receives Expected Nasdaq Notice Regarding Delayed Quarterly Report – Business Wire

    Allied Gaming & Entertainment Faces Nasdaq Notice Over Delayed Quarterly Report

    Weekly Entertainment Report May 29-June 1: Where to find lively arts, music, and shows – Manchester Ink Link

    Weekly Entertainment Report May 29-June 1: Where to find lively arts, music, and shows – Manchester Ink Link

    Aziz Ansari made Keanu Reeves Indian food so he wouldn’t feel ‘freaked out’ directing him in Good Fortune (exclusive) – Entertainment Weekly

    Aziz Ansari Whips Up Indian Cuisine for Keanu Reeves to Ease Directing Jitters in Good Fortune

    Cassie Ventura welcomes third child – crossroadstoday.com

    Cassie Ventura Joyfully Welcomes Her Third Child!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Finland to head EU’s quantum defense technology project – Latest news from Azerbaijan

    Finland Takes the Lead in Pioneering EU’s Quantum Defense Technology Initiative!

    i3D Robotics Unveils Breakthrough Glass Defect Detection Technology – USGlass Magazine

    Revolutionary Glass Defect Detection Technology Unveiled by i3D Robotics!

    4Liberty Announces Collaboration with Itron to Drive Innovation in Utility Technology Adoption and Optimization – FinancialContent

    4Liberty Partners with Itron to Revolutionize Utility Technology and Boost Innovation

    Q1 2025 Quantum Technology Investment: What’s Driving the Surge in Quantum Investment? – The Quantum Insider

    Unleashing the Future: Exploring the Surge in Quantum Technology Investments for Q1 2025

    MIT Team Releases Tempting Report on Electric Aircraft Technology – AVweb

    MIT Team Releases Tempting Report on Electric Aircraft Technology – AVweb

    MSE, DXC Technology expand tech partnership – Sports Business Journal

    MSE, DXC Technology expand tech partnership – Sports Business Journal

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Rachel Guttman Launches Entertainment Law Firm Gutt Law, PLLC [Exclusive] – MusicRow.com

    Rachel Guttman Unveils Exciting New Entertainment Law Firm: Gutt Law, PLLC!

    HYBE Cashes In: Offloads Final Stake in K-Pop Rival SM Entertainment for $177 Million!

    Allied Gaming & Entertainment Receives Expected Nasdaq Notice Regarding Delayed Quarterly Report – Business Wire

    Allied Gaming & Entertainment Faces Nasdaq Notice Over Delayed Quarterly Report

    Weekly Entertainment Report May 29-June 1: Where to find lively arts, music, and shows – Manchester Ink Link

    Weekly Entertainment Report May 29-June 1: Where to find lively arts, music, and shows – Manchester Ink Link

    Aziz Ansari made Keanu Reeves Indian food so he wouldn’t feel ‘freaked out’ directing him in Good Fortune (exclusive) – Entertainment Weekly

    Aziz Ansari Whips Up Indian Cuisine for Keanu Reeves to Ease Directing Jitters in Good Fortune

    Cassie Ventura welcomes third child – crossroadstoday.com

    Cassie Ventura Joyfully Welcomes Her Third Child!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Finland to head EU’s quantum defense technology project – Latest news from Azerbaijan

    Finland Takes the Lead in Pioneering EU’s Quantum Defense Technology Initiative!

    i3D Robotics Unveils Breakthrough Glass Defect Detection Technology – USGlass Magazine

    Revolutionary Glass Defect Detection Technology Unveiled by i3D Robotics!

    4Liberty Announces Collaboration with Itron to Drive Innovation in Utility Technology Adoption and Optimization – FinancialContent

    4Liberty Partners with Itron to Revolutionize Utility Technology and Boost Innovation

    Q1 2025 Quantum Technology Investment: What’s Driving the Surge in Quantum Investment? – The Quantum Insider

    Unleashing the Future: Exploring the Surge in Quantum Technology Investments for Q1 2025

    MIT Team Releases Tempting Report on Electric Aircraft Technology – AVweb

    MIT Team Releases Tempting Report on Electric Aircraft Technology – AVweb

    MSE, DXC Technology expand tech partnership – Sports Business Journal

    MSE, DXC Technology expand tech partnership – Sports Business Journal

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Entertainment

Meatless Farm off the chopping block as VFC Foods confirms takeover

June 21, 2023
in Entertainment
Meatless Farm off the chopping block as VFC Foods confirms takeover
Share on FacebookShare on Twitter

It’s been a big few weeks for UK-based vegan meat company Meatless Farm.

Last month, having reported that a ‘big investor’ had withdrawn from a commitment to invest, the company hired insolvency firm Kroll. A couple of weeks ago, redundancies began, with former staff posting on social media that ‘the business had unfortunately made all the teams redundant’.

Kroll then revealed its appointment of administrators of the plant-based brand, telling us it was ‘exploring all options’ for the business​.

But now it appears Meatless Farm’s freefall has found a soft landing. Today (21 June), vegan food company VFC Foods announced it is acquiring the business and retaining the brand.

An opportunity to diversify​

The acquisition price was not revealed. But accounts filed with Companies House suggest Meatless Farm had not been breaking even in recent years. According to financial results for the year ended 31 December 2021, the business had an operating loss of £22.9m (€26.72m).

VFC (Vegan Fried Chick*n) Foods – which like Meatless Farm, also hails from Yorkshire, UK – is reporting Meatless Farm’s business has an annual turnover of £12m.

Founded in 2020 by Matthew Glover and Adam Lyons, VFC’s product line is made up of vegan chicken alternatives based on soy and wheat protein. The company sees the Meatless Farm acquisition as an opportunity to diversify its current portfolio.

It also marks a ‘crucial milestone’ in VFC’s growth strategy and its mission to provide more vegan products across retail and foodservice, noted the company. “We are delighted to announce this strategic acquisition, whilst being extremely mindful of the business’ challenges and the impact of the people involved,” ​said David Sparrow, CEO of VFC Foods.

“Meatless Farm has built strong consumer awareness, which aligns with our core values, and their exciting product portfolio enhances our existing range. By integrating both brands, we can utilise numerous synergies with valued customers and suppliers, thus driving and extending customer choice.”​

Next steps for the business​

In the very short-term, VFC is working hard to get Meatless Farm’s supply chain back up and running.

“Our immediate priority is to get the much-loved products back on the market,” ​Glover told FoodNavigator. “We are working tirelessly with valued customers and suppliers to do so as they have been out for stock for a few months now.”​

As to how VFC plans to turn the business around, the co-founder suggested leveraging synergies will be an important starting point.

“VFC Foods is well positioned to sustainably grow the Meatless Farm brand, we have a team deployed to absorb the MF business within our current structure. And by integrating both brands, we can utilise numerous synergies with valued customers and suppliers, thus driving innovation and extending customer choice.”​

Regrettably for Meatless Farm’s former employees, the acquisition does not overturn their redundancies, which Glover explained were already in progress before VFC made an offer.

“VFC have a team deployed to absorb the MF business within its current structure and therefore as we grow it will create opportunities. However, at this time, it has resulted in the unfortunate situation of redundancy.”​

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : FoodNavigator – https://www.foodnavigator.com/Article/2023/06/21/meatless-farm-acquired-by-vfc-foods?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS

Tags: choppingentertainmentMeatless
Previous Post

Industry Insights from NIZO

Next Post

Police seize dozens of 3D-printed handguns and accessories in …

Issues & problems in Puget Sound – Washington State Department of Ecology (.gov)

Uncovering the Challenges Facing Puget Sound: A Deep Dive into Environmental Issues

May 30, 2025
As Trump comes after research, Forest Service scientists keep working – High Country News

Amid Political Turmoil, Forest Service Scientists Forge Ahead with Vital Research

May 30, 2025

How Major NSF Funding Cuts Could Transform the Future of Science

May 30, 2025
High Maintenance Partner: Is it Worth It!? Love Bites with Lifestyle Coach Francesca Luca – WATD 95.9 FM

High Maintenance Love: Is It Worth the Effort

May 30, 2025
Steer World launches iSeries line of extruders – Recycling Today

Steer World Unveils Innovative iSeries Line of Extruders!

May 30, 2025
India’s economy outperforms peers as it surges 7.4% in January-March – Reuters

India’s Economy Soars with an Impressive 7.4% Growth in Q1!

May 30, 2025
Rachel Guttman Launches Entertainment Law Firm Gutt Law, PLLC [Exclusive] – MusicRow.com

Rachel Guttman Unveils Exciting New Entertainment Law Firm: Gutt Law, PLLC!

May 30, 2025
Oklahoma oil and gas drillers face few regulations amid lingering concerns about health impact – Oklahoma Voice

Unregulated Oil and Gas Drilling in Oklahoma: Health Concerns on the Rise

May 30, 2025
Trump administration pressures ‘sanctuary jurisdictions’ by publishing list of places ‘deliberately obstructing’ immigration enforcement – PBS

Trump Administration Targets Sanctuary Cities with Controversial Immigration Enforcement List

May 30, 2025
Finland to head EU’s quantum defense technology project – Latest news from Azerbaijan

Finland Takes the Lead in Pioneering EU’s Quantum Defense Technology Initiative!

May 30, 2025

Categories

Archives

May 2025
MTWTFSS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Apr    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (653)
  • Economy (666)
  • Entertainment (21,573)
  • General (15,248)
  • Health (9,708)
  • Lifestyle (668)
  • News (22,149)
  • People (668)
  • Politics (674)
  • Science (15,888)
  • Sports (21,171)
  • Technology (15,653)
  • World (654)

Recent News

Issues & problems in Puget Sound – Washington State Department of Ecology (.gov)

Uncovering the Challenges Facing Puget Sound: A Deep Dive into Environmental Issues

May 30, 2025
As Trump comes after research, Forest Service scientists keep working – High Country News

Amid Political Turmoil, Forest Service Scientists Forge Ahead with Vital Research

May 30, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version