Regina, Saskatchewan - TheNewswire — August 24, 2021 – Above Food Corp.’s (“Above Food”) wholly-owned subsidiary, Purely Canada Foods Corp. (“Purely Canada Foods”), announces the acquisition of an advanced ingredient processing terminal in a prolific protein production area; Avonlea, Saskatchewan.
With the capacity to process, package, and store plant protein ingredients, the Avonlea facility also delivers immediate accretive revenue and has the infrastructure and assets required to accelerate and grow these accretive revenues. The addition of the Avonlea ingredient processing facility also expands Above Food’s reach further down the processing value-chain, utilizing new color sorting quality control technologies, new SoftFlowTM processing that ensures product integrity and high through put packaging for advanced ingredients.
“This latest acquisition only further solidifies Above Food’s mission to provide a vertically integrated platform that offers the highest quality, traceable and sustainable ingredients to our customers,” said Tyler West, co-founder and CEO of Above Food’s Purely Canada Foods subsidiary. “As we look to further expand our B2B business, B2C and Advanced Ingredients sectors; the Avonlea acquisition will allow us to scale our reach globally with higher capacity production and logistics and an experienced team at Avonlea will hit the ground running on Day 1.”
The new Avonlea facility adds to Above Food’s already scaled custody in plant proteins and will become the home for Organics Processing, and Higher Value Pulse Processing utilizing Avonlea’s capabilities with its Organic Certification and FSSC 22000 Food Safety System Certification.
“Located in South Central Saskatchewan, in a region known for the highest quality lentils, chickpeas, field peas and durum, Avonlea is well situated and has direct access to rail lines, enabling immediate integration with our scaled transportation infrastructure for access to markets in North and South America,” notes Lionel Kambeitz, Chairman and CEO of Above Food.
For more information about this new acquisition, Purely Canada Foods, and Above Food, please visit PurelyCanda.com and AboveFood.com.
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ABOUT ABOVE FOOD CORP.
Above Food Corp. is a first-of-its-kind plant-based food and beverage company that celebrates delicious products made with real ingredients, real nutrition, real flavor, and real transparency. Founded in Canada in 2020 by food production ecosystem veterans and visionary co-founders, Lionel Kambeitz, Donato Sferra, Tyler West and Martin Williams, Above Food’s vision is to create a healthier world - one seed, one field, and one bite at a time. With a complete chain of custody of plant proteins, enabled by scaled operations and infrastructure in primary agriculture and processing, Above Food delivers food to businesses and consumers with unparalleled traceability, quantifiable sustainability, and superior nutrient density. Above Food’s brands will be available in July online at www.abovefood.com and will be launching in natural grocers across the U.S. starting in Q3 2021. For more information on Above Food, please visit www.abovefood.com or follow Above Food on Instagram (@above_food), Facebook (Above Food) and LinkedIn (Above Food).
ABOUT PURELY CANADA FOODS
Purely Canada Foods, a wholly owned subsidiary of Above Food Corp., is a B2B plant protein company founded in 2016 that supplies whole foods and ingredients, from the vast and pristine lands of Western Canada to the tables of the world. Purely Canada Foods is a recognized wholesale plant-based protein ingredient provider in Canada, with a vertically integrated agri-foods business, including Canada’s largest certified organic facility, Canada’s fifth largest inland grain terminal, railway infrastructure, private railcar fleet, and strategic farm acres, ensuring a best-in-class plant protein supply chain.
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