Plant-based food company LIVEKINDLY Collective has finalized its acquisition of Dalco Food B.V., a plant-based food manufacturer based in the Netherlands. The acquisition, previously valued at £5.4 million, allows LIVEKINDLY Collective to expand its services in Europe, particularly in the B2B and private-label sectors. Dalco, with its own R&D department and expertise in product development and breading, will continue operations under LIVEKINDLY Collective's ownership.
This acquisition marks LIVEKINDLY Collective's second agreement of the year, following the pending acquisition of Munich-based Greenforce. The company, known for brands like LIKE, Oumph! and Fry's, is positioning itself as a key player in the plant-based food sector. LIVEKINDLY Collective's CEO, David Suarez, stated that the acquisition of Dalco enables the company to offer a wide range of services that few others in Europe can match, catering to retailers, B2B customers, and private-label partners.
*This summary was generated using AI.
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