Tuesday, June 13, 2023

Another plant protein company in trouble


Meatless Farm in the United Kingdom has filed notice it plans to appoint an administrator, a move that is similar to bankruptcy protection.


It has dismissed all 50 employees.


It was once marketing vegan products to supermarket chains in the United Kingdom.


Insolvency firm Kroll is now advising the firm on its options, as the company's website says it is "currently unavailable". 


Commercial director Tim Offer said on his Linkedin profile "sadly, my time at Meatless Farm has come to an end... the business has unfortunately made all the teams redundant." 


The firm was established in Leeds in 2016 by Danish entrepreneur Morten Toft Bech.