News and analysis for the global poultry industry.
Industry News & Trends / Latin America / North America
on May 27, 2020

Marfrig, ADM forming plant-based protein company

Joint venture will be known as PlantPlus Foods

Marfrig Global Foods and Archer Daniels Midland Company (ADM) have entered an agreement to form a joint venture plant-based protein company, PlantPlus Foods.

According to a notice on the Marfrig Global Foods investor relations webpage, Brazil-based Marfrig will hold a 70% stake in PlantPlus Foods, while U.S.-based ADM will hold…

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