sweets processing 1-2/2022

 
 
 
 
 
 
 
 
 
 
 
 
 
 

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Pfeifer & Langen acquires minority stake in British VBites Group


VBites Group, a pioneering plant-based food business headquartered in Corby/UK, has announced a minority investment from German family-owned food conglomerate Pfeifer & Langen Industrie- und Handels-KG, who have reached agreement to purchase 25.1 % of the company. The move signals the launch of a strategic partnership between the two companies with VBites laying claim to the broadest range of plant-based product IP in the world and Pfeifer & Langen being one of the leading international plant ingredient “farm to fork” manufacturers.

It is the New Food division of Pfeifer & Langen that has acquired the stake in VBites to support founder, Heather Mills, with their in-depth experience in mass-scaling food production. With Brexit issues prevailing, the partnership also satisfies Heather Mills’ key aim of collaborating with an experienced, ethical investor in the food sector who could manufacture in the EU.

 

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