Marfrig and ADM Formally Launch PlantPlus Foods

Marfrig and ADM today announced the completion of regulatory approvals and the formal launch of PlantPlus Foods, a joint venture that will offer a wide range of finished plant-based food products across North and South America, backed by unmatched technology, scale and experience.

Marcos Molina, founder and chairman, Marfrig Said: “We’re excited to take this important step forward as we bring together the tremendous resources of two leaders in nutrition, PlantPlus Foods is born of two companies that had a common vision to create a new venture offering a complete portfolio of delicious, sustainable plant-based foods for consumers across the Western Hemisphere.”

The Chicago-based joint venture will serve customers with a focus on North and South America, with the ability to reach other global markets.

Juan Luciano, ADM Chairman and CEO Said: “Consumers today are demanding food that is good for the environment, for the body, for the mind, and for the development of a better you – while still being delicious, Backed by the vast capabilities of ADM and Marfrig, PlantPlus Foods brings together a unique blend of innovation, scale, insight and expertise in this exciting, fast-growing market.”

Marfrig, one of the world’s leading beef producers and the world’s largest beef patty producer, owns 70 percent of the venture; ADM, a leading global nutrition company, is a 30 percent owner. Marfrig will be responsible for finished product production and distribution, utilizing its facilities in South America, mainly in V├írzea Grande, in the Brazilian state of Mato Grosso, and its facilities in the United States. ADM will supply innovative technical expertise, application development and an array of plant-based ingredients, flavors and systems from its specialty protein complex in Campo Grande, Mato Grosso do Sul, and its network of U.S.-based ingredient and flavor facilities, including its new pea protein plant in Enderlin, North Dakota.

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