Above Food acquires The Redwood Group's specialty crop division for $34M, expanding its portfolio and focus on sustainably produced plant-based food.

Agricultural tech firm Above Food plans to acquire The Redwood Group's specialty crop food ingredients division for $34M in a cash and stock deal. This acquisition adds grains, pulses, and specialty crops in over 35 countries to Above Food's portfolio, strengthening its international footprint. The deal aims to enhance Above Food's market share in the high-growth pet food category and meet the demand for sustainably produced plant-based human and pet food.

August 12, 2024
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