Kingswood Capital Management, LP has acquired Branding Iron Holdings, an industry-leading provider of branded and private label protein products, including beef and pork, with a core focus on frozen and refrigerated ground meats.
The resulting product allows cheesemakers to deliver the same genuine cheese experience as traditional dairy cheese via a cost-effective, animal-free and sustainable pathway.
The fish products made from the cell mass, such as fish sticks or fish balls, are both GMO-free and free from heavy metals and microplastics often found in wild-caught fish. They are similar to conventional products in terms of taste, nutritional content, and cooking behavior.
Anticipated to add 30% more capacity, the expansion is expected to include 1,500 pallet positions for blast freezing, a critical feature for the export of products like protein.
November 21, 2023
Following the completion of the expansion, the Foothills facility is expected to span approximately 200,000 square feet, hold over 24,000 pallet positions, and serve as a center of excellence for export.
Banza Protein Waffles are made with chickpeas and offer 2.5-times more protein, 3-times more fiber, and 35% fewer net carbs than the leading waffle brand.
The 187,000-square-foot plant, based in Glenview, Illinois, will start by producing ground cultivated chicken products, with plans to expand to other species and whole-textured formats in the future.
Consumers in the Pacific Northwest will be able to find Local Bounti's Artisanal Chicken Caesar and Memphis Style BBQ Chicken Salad Kits in the produce department of select local grocery stores.