Plant-based company Wicked Kitchen has acquired Current Foods, an alternative protein company that manufactures plant-based seafood for food service and fine dining locations in the US and Europe.
“Current Foods is a perfect match for Wicked as a global-impact brand with the same mission and complementary products,” said Pete Speranza, chief executive officer of Wicked Kitchen.
The acquisition of Current Foods is the company’s second since April 2020. The company recently acquired Good Catch, a plant-based seafood consumer packaged goods brand.
The acquisition of Current Foods adds to Wicked Kitchen’s foodservice portfolio with plant-based sushi-grade tuna and salmon.
“Wicked’s commitment to impact and to defining the future of the plant-based market makes them the right home for Current Foods’ high-quality products that combine superior technology and unbeatable flavor to create a vegan sushi-grade alternative to fish,” said David Barber, partner at Astanor Ventures, an investor at Current Foods.
Wicked Kitchen offers a variety of plant-based consumer packaged goods, which are available at 90,000 distribution points with more than 40 products in the United States and 150 plus products in the UK. The company offers frozen and ambient products such as heat-and-eat entrees, frozen pizzas, ice creams, and novelties.
Current Foods launched in 2019 and gained distribution in 2021. The company has a nationwide roster of restaurants and services universities and prepared foods to retail. – Source: Food Business News.