Vegan Food Group sells Wiesbaum factory to New Originals for strategic focus and growth.
The Vegan Food Group (VFG) has sold its factory in Wiesbaum, Germany, to New Originals, a European tofu producer, as part of a strategy to focus on its core operations. VFG will continue to collaborate with New Originals, leveraging its distribution channels. This sale allows VFG to enhance production at its larger Lüneburg facility, vital for its growth, while New Originals plans to utilize VFG's expertise and expand its tofu offerings.
October 16, 2024
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