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PlantPlus Foods

PlantPlus Foods is the new generation of plant-based foods.
2020
51-100
51-100
Chicago, Illinois, United States

Innovation

Industry Problem

Consumers across the Americas need plant-based foods with familiar formats, regional distribution, and production capacity sufficient for mainstream retail.

R&D Focus

Plant-based meat formulation, frozen foods, manufacturing, brand integration, and distribution across the Americas.

Innovative Solution

PlantPlus Foods combines ADM ingredient capabilities and Marfrig food manufacturing, supplemented by acquired plant-based brands and production assets.

Investment Funding

Revenue

$1M to $10M

About

PlantPlus Foods LLC is a joint venture between ADM and Brazilian meat processor Marfrig.

Products

Product

PlantPlus Foods meat alternatives, Sol Cuisine products, and the Hilary’s portfolio.

Star Product

Combined PlantPlus and Sol Cuisine portfolio, because the acquisition added established products, manufacturing, and distribution.

Demo Product or Complete Product?

Commercial plant-based food company and brand portfolio.

Future Plan

Market Expansion

The acquisitions were intended to expand the company’s plant-based footprint across North and South America.

M&A and Collabs

Acquisitions

Acquired Sol Cuisine for approximately CAD 125 million in 2022 and previously acquired Drink Eat Well, owner of the Hilary’s brand.

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