Above Food

Above Food Expands Leadership in the Global Chickpea Market We are proud to announce that Above Food has solidified its position as one of North America’s largest chickpea ingredient suppliers following the acquisition of The Redwood Group’s specialty crop food ingredient division. This strategic move strengthens our ability to deliver nutritious, sustainable, and versatile plant-based proteins to consumers globally. With the global chickpea market projected to grow at 7.4% annually through 2032, we are excited to continue driving innovation and meeting consumer demand for healthier, eco-friendly food options. 🔗 View Full Press Release: https://lnkd.in/gpYFJQzy

Our Co-Founder, Chief Executive Officer, and Executive Chairman, Lionel Kambeitz, recently joined Damian Mason on The Business of Agriculture Podcast! In this episode, Lionel dives deep into the growing importance of pulses—like lentils, dry beans, and chickpeas—in the global food industry. He also discusses Above Food’s expansion into U.S. pulse production and processing, and how these versatile crops are playing a key role in the future of sustainable agriculture and plant-based diets. Listen/Watch the episode on your favorite platform: 🎧 Spotify: https://lnkd.in/gA56c9eZ 🎧 Apple Podcasts: https://lnkd.in/g2VvkFQB 📺 Watch on YouTube: https://lnkd.in/gv2jPu_v

Above Food has taken a significant leap in the plant-based pet food industry with our recent acquisition of Montana-based assets from The Redwood Group, LLC. This move expands our pet food ingredient business to approximately US$110M in combined company revenues on a pro forma basis. As we continue to lead the way in the $26 billion global plant-based pet food market, projected to grow at a 9% CAGR through 2032, our vertically integrated, seed-to-fork platform positions us to meet the rising demand for premium, sustainable nutrition options for pets. We’re excited to partner with global pet food manufacturers to innovate and deliver high-quality, nutritious products that cater to the needs of today’s discerning pet parents. Discover more: https://lnkd.in/gpYFJQzy 

We’re thrilled to announce that our subsidiary, Discovery Seed Labs, in collaboration with BASF Canada Inc, has developed a groundbreaking molecular assay to detect Group 11 resistance in anthracnose disease affecting lentil crops. This innovation is a game-changer for lentil growers, especially in Saskatchewan, where a staggering 99% of sampled fields show some level of resistance. This new tool empowers farmers with precise data to make informed decisions on disease management, ultimately leading to higher yields and reduced costs. At Above Food, we’re committed to advancing disruptive agricultural solutions that support our mission of creating a healthier world—one seed, one field, and one bite at a time. Learn more: https://lnkd.in/gpYFJQzy

Above Food is set to participate in the 44th Annual Canaccord Genuity Growth Conference on August 13-14 in Boston! We're thrilled to share insights into our latest strategic move—the acquisition of The Redwood Group, LLC’s Specialty Crop Foods Ingredients Division. This major step marks significant U.S. expansion and enhances our reach in the human and pet food markets. Join us for a webcasted presentation by our Co-Founder & Vice President, Martin Williams, on August 13th at 1:00 p.m. ET. Link to Webcast: https://lnkd.in/g_jcik3j Link to Press Release: https://lnkd.in/gpYFJQzy  

We are thrilled to announce the strategic acquisition of The Redwood Group LLC’s Specialty Crop Food Ingredients Division for a total consideration of US$34 million. This acquisition is a game-changer, expanding our U.S. footprint and boosting our capabilities across our 'Seed-to-Fork' value chain. The newly acquired assets generated US$164 million in revenue in FY 2023 and have an average annual adjusted EBITDA of US$5.3 million over the past three years. This addition significantly enhances our presence in both the human and pet food markets, positioning us to capitalize on the growing demand for sustainably produced food. We’re excited to welcome the talented team from TRG’s Specialty Crop Food Ingredients Division to the Above Food family and look forward to the incredible opportunities ahead. For more details, check out the full press release here: https://lnkd.in/gpYFJQzy

We're still excited about our Nasdaq Opening Bell Ceremony that took place on July 12th. This milestone marks a significant step in our journey towards revolutionizing the food industry with our unique Seed-to-Fork platform. At Above Food, we're committed to breaking boundaries and delivering innovative, sustainable, and nutritious food solutions to meet global food security challenges.

After ringing the Nasdaq bell last Friday, our co-founder and CEO, Lionel Kambeitz, joined BNN Bloomberg to discuss our strategic priorities. In this interview, Lionel highlights our focus on innovation, sustainability, and growth. He emphasizes the ongoing need to create and develop more nutritious, protein-rich, and resilient food using regenerative ingredients and agriculture. Check out the video to learn more about our vision and what's next for Above Food. https://lnkd.in/gNM4hXnV

What an incredible day! We are beyond excited and honored to have rung the Nasdaq opening bell. 🎉 This moment feels surreal and marks a significant milestone for Above Food.

🌟Watch Live! 🌟 Join us tomorrow for the live stream of Above Food’s Nasdaq opening bell-ringing ceremony! This is a significant milestone for our team, and we are excited to share this moment with you. 🗓 Date: July 12, 2024 ⏰ Time: 9:15 AM ET 🔗 Watch the Live Stream: https://lnkd.in/eJz78vY Be part of this special event and watch as we celebrate our commitment to sustainable food innovation. Don't miss out on witnessing this historic moment! #AboveFood #Nasdaq #OpeningBell #LiveStream #Sustainability #Innovation #FoodIndustry