Wicked Kitchen Acquired by Ahimsa Companies in Latest Plant-Based Consolidation Move

Ahimsa Companies, a holding company formed by the Ahimsa Foundation, has acquired the global plant-based food leader Wicked Kitchen, along with its subsidiaries Good Catch and Current Foods, as part of an industry-wide consolidation effort. With the plant-based industry facing challenges such as flatlining sales and declining investments, consolidation is seen as a key strategy for future growth and success.

Wicked Kitchen, founded by the Sarno brothers in 2016, has expanded internationally with over 20,000 retail locations and a wide range of plant-based products. This acquisition will enable Wicked Kitchen to further expand its reach, product offerings, and innovation, while Ahimsa Companies plans to add more brands to its portfolio to achieve vertical integration and leverage resources in the plant-based sector. Other recent consolidation deals in the vegan industry indicate a trend towards M&A activity to drive growth and innovation in the plant-based sector.