Plant&Co acquires plant-based meat provider YamChops

Canada’s health and wellness company Plant&Co Brands has acquired YamChops, which prepares and distributes plant-based meats products.

YamChops is said to be one of North America’s first and Canada’s only plant-based butcher shop.

Its offerings includes more than 17 proprietary plant-based meats, chicken, pork, fish, and various other vegan-style food products.

The plant-based food products offered by the company include beef, chicken and lamb burgers, as well as sausages, ribs and bacon.

YamChops portfolio also includes vegetarian spin-offs of ‘chicken teriyaki’ and ‘tuna salad’ made from chickpeas.

Plant&Co Brands CEO Shawn Moniz said: “The acquisition of YamChops was part of the company’s M&A strategy to instantly arrive at the point of in-market sales of a known, trusted and established plant-based brand.

“With over a decade of product development, preparation, trademarks and distribution experience in the emerging plant-based food market, YamChops is known for its high-quality foods that taste great and customer service that is second to none, placing Plant&Co. in a leading position in the plant-based sector.”

Financial details of the deal have not been disclosed by the companies.

Moniz added: “Creating delicious plant-based foods that compete with meat is an art form which the YamChops’ team has perfected.

“We have a great opportunity to leverage the recent growth in popularity of these healthy meat and dairy product alternatives and expand our newly acquired business across North America and beyond.”