CP Foods enters plant-based business in Europe

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CP Foods subsidiary Plant-Tec Europe will buy a 50% stake in Poland's Well Well Invest (Well Well) and convertible bonds for USD 5.07 million. Well Well, an investment company and its subsidiaries produce plant-based sausages, burgers, and ready-to-eat products. It owns several brands, including Po...

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Joint-Editor, Asian Meat Magazine and Meat Insider, Bangkok, Thailand. Writes on how high inflation and raw material costs challenges in Thailand are not a deterrent for the plant-based protein market in ‘Taste, flavor and nutrition important for plant-based protein’.