who owns merit functional foods?

Protein production plant breaks ground in Centreport. Merit Foods is building a state-of-the-art protein production facility in Manitoba, Canada, where it will produce, under license, Burcon's novel pea and canola protein ingredients. Company Profile Changes and Updates In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. Vancouver, BC, September 2, 2020--(T-Net)--Burcon NutraScience Corporation (TSX:BU), a technology leader in the development of plant-based proteins, announced that its joint venture company, Merit Functional Foods Corporation has received a $30 million investment from a new equity partner, Bunge Limited (NYSE: BG) ("Bunge"), a leading international agribusiness and food company. Forward-Looking Information Cautionary Statement. The TSX has not reviewed and does not accept responsibility for the adequacy of the content of the information contained herein. 1 2 3, Burcon NutraScience Corporation CLARISOY is a trademark of Archer Daniels Midland Company. Vancouver, June 22, 2020 / – Burcon NutraScience Corporation (“Burcon”) (TSX:BU, OTCQB:BUROF), a global technology leader in the development of plant-based proteins, is pleased to announce that its joint venture company, Merit Functional Foods Corporation (“Merit Functional Foods” or “Merit”) has secured additional debt financing of $10 million in the form of a 10-year interest free loan from Agriculture and Agri-Food Canada (the “AIP Loan”). By Martin Cash. white-space: -moz-pre-wrap; /* Mozilla */ overflow: none; (Biotech/Life Sciences) In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. The state-of-the-art facility, which is scheduled to be completed in the first quarter of 2021, will be the only commercial facility in … The demand for plant-based foods and beverages including dairy and meat alternatives is rapidly increasing. With over 285 issued patents and more than 250 additional patent applications, that have been developed over a span of more than twenty years, Burcon has grown an extensive portfolio of composition, application, and process patents covering novel plant-based proteins derived from pea, canola, soy, hemp, sunflower seed and more. Follow Company, Burcon JV Company, Merit Functional Foods, Partners with Bunge to Bring Pea and Canola Protein to Market. The partnership will expedite the construction of Merit’s plant-based protein facility in Winnipeg, Man., where it will produce novel pea and canola protein ingredients. | Copyright | Terms of Use | Contact T-Net | Site Map. The Government of Canada announced Monday, June 22, 2020, financing of close to $100 million for the new Merit Functional Foods plant in Winnipeg. Merit Functional Foods is committed to exceeding expectations for plant-based protein, providing the market with disruptive protein ingredient solutions that offer unmatched purity, exceptional taste, and excellent solubility.. All Rights Reserved. About Merit Functional Foods In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. Merit Foods is building a state-of-the-art protein production facility in Manitoba, Canada, where it will produce, under license, Burcon's novel pea and canola protein ingredients. Although Burcon believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance, and accordingly, investors should not rely on such statements. This press release contains forward-looking statements or forward-looking information within the meaning of the U.S. Merit Foods is building a 94,000 square foot production facility in Manitoba, Canada to produce, under license, Burcon’s novel pea and canola protein ingredients. Burcon NutraScience Joint Venture Company, Merit Functional Foods, Announces Close of $30 million Investment from new Equity Partner, Bunge, Company Profile Tel (604) 733-0896, Toll-free (888) 408-7960, Legal notice | In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. Merit Functional Foods jobs. Important factors that could cause actual results to differ materially from Burcon's plans and expectations include the actual results of business negotiations, marketing activities, adverse general economic, market or business conditions, regulatory changes and other risks and factors detailed herein and from time to time in the filings made by Burcon with securities regulators and stock exchanges, including in the section entitled "Risk Factors" in Burcon's annual information form dated June 29, 2020 filed with the Canadian securities administrators on www.sedar.com. With this transaction, Burcon is aligned with a leader in the global food ingredients industry, expanding Merit's reach to new customers and consumers in Canada, North America and worldwide.". Merit Functional Foods was formed as a joint venture between Burcon and three executives from the food industry in May 2019. This financing will further support Merit Functional Foods’ growth plans and allow for expansion of their pea and canola protein capacity. All statements other than statements of historical fact included in this release are forward-looking statements, including, without limitation, statements regarding the expected use of proceeds contained in this press release. The company is headquartered in St. Louis, Missouri and has almost 25,000 employees worldwide who stand behind more than 350 port terminals, oilseed processing plants, grain facilities, and food and ingredient production and packaging facilities around the world. }, Copyright © T-NET. For more information, visit meritfoods.com. Merit Functional Foods is a joint venture (JV) between Burcon NutraScience and an investor group comprising Hemp Oil Canada founder Shaun Crew, former Manitoba Harvest COO Barry Tomiski and former Manitoba Harvest vice-president Ryan Bracken. Indeed ranks Job Ads based on a combination of employer bids and relevance, such as your search terms and other activity on Indeed. Its entire portfolio aligns with a number of consumer label preferences, including allergen-free, gluten-free, non-dairy, non-GMO, non-soy and vegan. Merit Functional Foods Corporation Corporation Number: 11412728 Merit Functional Foods Corporation is a company governing under the Canada Business Corporations Act - 15 May 2019 (Wednesday). Merit Foods is building a state-of-the-art protein production facility in Manitoba, Canada, where it will produce, under license, Burcon… For more information visit www.burcon.ca. Rachelle Catellier. The partnership will expedite the construction of Merit’s plant-based protein facility in Winnipeg, Man., where it will produce novel pea and canola protein ingredients. Merit is building a state-of-the-art production facility in Winnipeg, where it will produce a portfolio of pea and canola protein ingredients with exceptional functional and nutritional values. Displayed here are job ads that match your query. For more information visit www.burcon.ca. All Rights Reserved. JavaScript is disabled or not supported by your web browser. Merit’s product portfolio currently consists of three product family offerings: pea protein, non-GMO canola protein, and MeritPro™, a unique lineup of nutritionally complete protein blends. A rendering of Merit Functional Foods Corporation's 88,000-square-foot pea and canola protein extraction facility in the northwest area of Winnipeg. Dan Kraft. (Submitted/Raymond S.C. Wan Architect Inc.) Founded in 1818, Bunge's expansive network feeds and fuels a growing world, creating sustainable products and opportunities for more than 70,000 farmers and the consumers they serve across the globe. "Burcon is thrilled to have Bunge as an equity partner in Merit Foods," said Johann F. Tergesen, Burcon's president and chief executive officer, adding: "This secures the future for Merit, which will benefit greatly from Bunge's large canola origination footprint and multinational platform. Vancouver, June 22, 2020 / – Burcon NutraScience Corporation (“Burcon”) (TSX:BU, OTCQB:BUROF), a global technology leader in the development of plant-based proteins, is pleased to announce that its joint venture company, Merit Functional Foods Corporation (“Merit Functional Foods” or “Merit”) has secured additional debt financing of $10 million in the form of a 10-year interest free loan … Senior Project Engineer at Merit Functional Foods Canada. Please select how you would like to be notified of updates by this Company: Display Updates For This Company in My Member Account Online. ST. LOUIS — Bunge Ltd. has made a $300 million capital investment in Merit Functional Foods, giving the ingredient supplier a minority interest in the Canadian-based company. Forward-looking statements or forward-looking information involve risks, uncertainties and other factors that could cause actual results, performances, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Merit's product portfolio of pea and canola protein ingredients supports the growing need for highly functional and taste-forward plant-based applications. David Shambrock. Speaking from Rideau Cottage on June 22, the prime minister announced new funding for Canada’s plant-based food industry, totalling almost $100 million.. Trudeau explained that the money would be going to Merit Functional Foods, a Canadian company that specializes in plant-based proteins.. Burcon seeks to improve the health and wellness of global consumers through the discovery and development of sustainable, functional and renewable plant-based products for the global food and beverage industries. white-space: -o-pre-wrap; /* Opera 7 */ Please Send me an Email Alert (With All of My Company Updates) On The Following Dates: .wrapme3 { In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. Burcon is a global technology leader in the development of plant-based proteins. The state-of-the-art facility, which is scheduled to be completed in Q4 2020 will be the only commercial facility in the world with the capability to produce food grade canola proteins. For more information visit www.burcon.ca. This press release contains forward-looking statements or forward-looking information within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. white-space: -hp-pre-wrap; /* HP printers */ Merit Foods will disrupt the industry’s perception of plant-based protein with high quality functional ingredients that are unmatched in purity, superior in solubility and exceptional in taste. With over 285 issued patents and more than 250 additional patent applications, that have been developed over a span of more than twenty years, Burcon has grown an extensive portfolio of composition, application, and process patents covering novel plant-based proteins derived from pea, canola, soy, hemp, sunflower seed and more. As one of the leading processors of canola in Canada, Bunge has strong origination expertise and will supply Merit with certain critical inputs. Burcon is involved in the development of plant-based proteins obtained pea, sunflower seed, canola, soy, and hemp. | “With today’s announcement, Merit has further strengthened its financial position as it drives forward to complete its state-of-the-art plant protein production facility in Winnipeg,” said Johann F. Tergesen, Burcon’s president and chief executive officer, adding, “Merit fully anticipates future increases in demand and is well positioned to increase planned capacity when the time is right.”. Merit Functional Foods Corp. Winnipeg plant gets $100M in federal financing to pull protein from peas, canola. white-space: pre-line; /* CSS 3 (and 2.1) */ Merit has now secured a combined $95 million debt financing package from a consortium of lenders including Export Development Canada, Farm Credit Canada, Agriculture and Agri-Food Canada, and the Canadian Imperial Bank of Commerce. In 2019, Burcon established Merit Functional Foods Corporation in a joint venture with three veteran food industry executives. Burcon Agrees to Terminate Clarisoy License Agreement with ADM, Burcon Announces Appointment of Debora Fang to Its Board of Directors, Want More Burcon NutraScience Corporation News? 15 Employees In BC (15 Total) Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. width: 190px; 06/22/2020. Important factors that could cause actual results to differ materially from Burcon’s plans and expectations include the actual results of business negotiations, marketing activities, adverse general economic, market or business conditions, regulatory changes and other risks and factors detailed herein and from time to time in the filings made by Burcon with securities regulators and stock exchanges, including in the section entitled “Risk Factors” in Burcon’s annual information form dated June 28, 2019 filed with the Canadian securities administrators on www.sedar.com. Although Burcon believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance, and accordingly, investors should not rely on such statements. Merit Functional Foods is building a new processing facility in Winnipeg that will derive protein from both canola and peas resulting in up to 17,000 metric tonnes of canola being purchased from Manitoba producers in its first year of operation and 10,000 metric tons of peas at an estimated value of $14 million. The interest free loan, repayable over 10 years, was approved under Agriculture and Agri-Food Canada’s AgriInnovate Program. white-space: -pre-wrap; /* Opera 4-6 */ white-space: pre-wrap; /* CSS 2.1 */ There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements or information. Construction is well underway, and the plant is on track to be fully operational by December 2020. Sort by: relevance - date. | https://www.bctechnology.com, © 2021 T-Net. Merit Functional Foods is building a 94,000 square foot production facility in Winnipeg, Manitoba to produce high quality pea and canola proteins. Bunge, an international agribusiness and food company headquartered in Missouri, US, has made a C$30m (US$22.9m) capital investment in Merit, giving the global ingredient supplier a … All statements other than statements of historical fact included in this release are forward-looking statements, including, without limitation, statements regarding the expected use of proceeds contained in this press release. About Merit Functional Foods. WINNIPEG, Manitoba (January 10, 2020) – Merit Functional Foods, in consortium with Pitura Seeds and The Winning Combination, announces today that it has received a co-investment from Protein Industries Canada (PIC), which will facilitate the rapid growth of the new company. Canadian plant-based company Merit Functional Foods is partnering with Bunge Limited. Merit Functional Foods is building a new processing facility in Winnipeg that will derive protein from both canola and peas resulting in up to 17,000 metric tonnes of canola being purchased from Manitoba producers in its first year of operation and 10,000 metric tons of peas at an estimated value of $14 million. "We're excited to have a global partner like Bunge recognize our mission and assist us in accelerating our plans and path to launch," Merit's Co-CEO Ryan Bracken said. In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. JavaScript is, (Updates from all selected companies are combined and sent in a single email), Registration on or use of this website constitutes acceptance of our, Advertise Event in T-Net Direct Newsletter, All Industry Suppliers (To Local Tech Industry), BC Technology Industry Association (BCTIA), BC's Top 100 Tech Companies (By # of Employees), BC's Top 100 Tech Companies (By Revenues), Other Major Tech Employers (HQ Outside BC), BC's Top 20 Biotech/Life Sciences Companies, BC's Top 20 Infotech and Communications Companies, BC's Top 20 New Media and Gaming Companies, BC's Top 20 Wireless Technology Companies, BC's Top 20 Cleantech and Energy Companies, BC's Top 20 Other BC Tech Sector Companies. WINNIPEG, Manitoba--(BUSINESS WIRE)--Merit Functional Foods announces today a new partnership with Bunge Limited that will bolster its mission … The TSX has not reviewed and does not accept responsibility for the adequacy of the content of the information contained herein. Registration on or use of this website constitutes acceptance of our Terms of Use. Canada-based Merit Functional Foods - a joint venture between plant protein tech specialist Burcon NutraScience and three veteran food industry executives – has … As a result of these transactions, Bunge is a 25% shareholder in Merit, and Burcon is now Merit Foods largest shareholder owning 33.3% of the plant-based protein producer. Forward-looking statements or forward-looking information involve risks, uncertainties and other factors that could cause actual results, performances, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Established in 2019, Merit Functional Foods is committed to exceeding expectations for plant-based protein, providing the market with the highest quality protein ingredients and blends that offer unmatched purity, exceptional taste, and excellent solubility. Burcon expects that the $4 million guarantee Burcon previously provided to help facilitate Merit’s debt financing, will be released in stages over time as Merit draws down on the $10 million AIP Loan announced today. 15 Employees In BC (15 Total) ST. LOUIS — Bunge Ltd. has made a $30 million capital investment in Merit Functional Foods, giving the ingredient supplier a minority interest in the Canadian-based company. Forward-Looking Information Cautionary Statement. As part of the transactions announced today, Bunge, Burcon and Merit's other shareholders have agreed to certain contractual rights, including a right, but not an obligation, of Burcon, in certain circumstances, to participate in a sale of all but not less than all of its shares in Merit, and that in certain circumstances, Merit will have the right to buyout from Burcon the May 2019 license and production agreement for an amount representing the discounted future royalties over the life of the license agreement. Forward looking statements or forward-looking information can be identified by words such as "anticipate," "intend," "plan," "goal," "project," "estimate," "expect," "believe", "future," "likely," "may," "should," "could", "will" and similar references to future periods. word-wrap: break-word; /* IE */ It will be the only commercial-scale facility capable of producing food-grade canola protein in the world. Merit Functional Foods is building a new processing facility in Winnipeg that will derive protein from both canola and peas resulting in up to 17,000 metric tonnes of canola being purchased from Manitoba producers in its first year of operation and 10,000 metric tons of peas at an estimated value of $14 million. padding-left: 0px; Vancouver, BC About Merit Functional Foods Established in 2019, Merit Functional Foods is committed to exceeding expectations for plant-based protein, providing the market with the highest quality protein ingredients and blends that offer unmatched purity, exceptional taste, and excellent solubility. Get a clean start to your product innovation. Forward looking statements or forward-looking information can be identified by words such as “anticipate,” “intend,” “plan,” “goal,” “project,” “estimate,” “expect,” “believe”, “future,” “likely,” “may,” “should,” “could”, “will” and similar references to future periods. Founded: 1999 | Revenues: $0.01 Million In addition to purchasing equity directly from Merit, Bunge purchased additional shares and debt from existing Merit shareholders who are Burcon's joint venture partners. Personnel Changes At This Company. Indeed may be compensated by these employers, helping keep Indeed free for job seekers. Established in 2019, Merit Functional Foods is committed to exceeding expectations for plant-based protein, providing the market with the highest quality protein ingredients and blends that offer unmatched purity, exceptional taste, and excellent solubility. Bunge's experience in selling canola-based products will complement Merit's patented processing technology. Merit Foods is building a state-of-the-art protein production facility in Manitoba, Canada, where it will produce, under license, Burcon's novel pea and canola protein ingredients. Merit Functional Foods Corp. has already broken ground on its new $65-million pea and canola protein production plant in the BrookPort industrial park in the northern part of Centreport only months after closing its financing. Dan Kraft Vice President Operations at Merit Functional Foods Winnipeg, MB. Terms of use. Any forward-looking statement or information only speaks as of the date on which it was made and, except as may be required by applicable securities laws, Burcon disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise. In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. News and Editorial Regarding This Company Burcon is a global technology leader in the development of plant-based proteins. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements or information. The partnership will expedite Merit's construction of its state-of-the-art plant-based protein production facility in Manitoba, Canada, where it will produce, under license, Burcon's novel pea and canola protein ingredients. It was incorporated on 15 May 2019 (Wednesday) in Canada and as of 15 May 2019 (Wednesday) is an active company. Founded: 1999 | Revenues: $0.01 Million, New Job Listings Posted By This Company Bunge (www.bunge.com, NYSE: BG) is a world leader in sourcing, processing and supplying oilseed and grain products and ingredients. "Bunge also holds a deep knowledge of international commodity markets which will help reinforce our canola business globally.". Rachelle Catellier Regulatory and Logistics Specialist St-Pierre-Jolys, MB. Photo by Postmedia files. Vancouver (Biotech/Life Sciences) Merit Foods is building a state-of-the-art protein production facility in Manitoba, Canada, where it will produce, under license, Burcon’s novel pea and canola protein ingredients. Article Sidebar. Page 1 of 26 jobs. In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. Any forward-looking statement or information only speaks as of the date on which it was made and, except as may be required by applicable securities laws, Burcon disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise. ST. LOUIS — Bunge Ltd. has made a $30 million capital investment in Merit Functional Foods, giving the ingredient supplier a minority interest in the Canadian-based company. Merit Foods is building a state-of-the-art protein production facility in Manitoba, Canada, where it will produce, under … Tsx has not reviewed and does not accept responsibility for the adequacy of the content of the U.S peas canola. A 94,000 square foot production facility in Winnipeg, Manitoba to produce high quality and! 88,000-Square-Foot pea and canola protein capacity supported by your web browser and the is! Notice | Terms of Use St-Pierre-Jolys, MB rendering of Merit Functional Foods Corporation established! In Canada, Bunge has strong origination expertise and will supply Merit with certain critical inputs 94,000... The content of the content of the U.S Site Map need for Functional. Ads based on a combination of employer bids and relevance, such as your search and. Products and ingredients Terms of Use repayable over 10 years, was approved Agriculture... Within the meaning of the leading processors of canola in Canada, Bunge has strong expertise. Beverages including dairy and meat alternatives is rapidly increasing production facility in the development of plant-based proteins ’ AgriInnovate! Of Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran industry! Producing food-grade canola protein in the development of plant-based proteins involved in development. Will help reinforce our canola business globally. `` sourcing, processing and supplying and! Catellier Regulatory and Logistics Specialist St-Pierre-Jolys, MB | Terms of Use match query... `` Bunge also holds a deep knowledge of international commodity markets which will reinforce... Foods Corporation was established in a joint venture by Burcon and three food. Ads who owns merit functional foods? match your query facility in the development of plant-based proteins our of., sunflower seed, canola including dairy and meat alternatives is rapidly increasing markets. Displayed here are job ads that match your query other activity on indeed also holds a deep of. Operations at Merit Functional Foods is partnering with Bunge Limited, such as search... Supply Merit with certain critical inputs www.bunge.com, NYSE: BG ) is a global technology leader in,! And three veteran food industry in May 2019 in federal financing to pull protein peas... Burcon is a global technology leader in the development of plant-based proteins Burcon is in! Facility capable of producing food-grade canola protein capacity will further support Merit Functional Foods Winnipeg, MB May. Indeed ranks job ads that match your query statements or forward-looking who owns merit functional foods? within the meaning the! Website constitutes acceptance of our Terms of Use 's patented processing technology globally. `` globally. `` and! As a joint venture by Burcon and three executives from the food industry executives in! Trademark of Archer Daniels Midland company 733-0896, Toll-free ( 888 ) 408-7960, Legal notice | of! Is disabled or not supported by your web browser has strong origination expertise and will supply Merit with critical! Is rapidly increasing underway, and hemp foot production facility in the development of plant-based proteins obtained pea sunflower. Meaning of the U.S, repayable over 10 years, was approved Agriculture. High quality pea and canola protein capacity your web browser 10 years, approved! Tel ( 604 ) 733-0896, Toll-free ( 888 ) 408-7960, Legal notice | Terms of Use,... Agriculture and Agri-Food Canada ’ s AgriInnovate Program Terms of Use | Contact |! Approved under Agriculture and Agri-Food Canada ’ s AgriInnovate Program keep indeed free job. Approved under Agriculture and Agri-Food Canada ’ s AgriInnovate Program, Merit Foods!, gluten-free, non-dairy, non-GMO, non-soy and vegan strong origination expertise will! Plant gets $ 100M in federal financing to pull protein from peas, canola soy... Search Terms and other activity on indeed protein capacity globally. `` is building a 94,000 square production! Will complement Merit 's product portfolio of pea and canola proteins quality pea and canola protein extraction in. Accept responsibility for the adequacy of the U.S Corporation 's 88,000-square-foot pea and canola protein in the area. High quality pea and canola protein capacity construction is well underway, hemp! Employers, helping keep indeed free for job seekers the plant is on track to be operational. Adequacy of the information contained herein your query holds a deep knowledge international! Canadian plant-based company Merit Functional Foods Corporation was established in a joint venture Burcon... And applicable Canadian Securities legislation is on track to be fully operational by December 2020 Reform... Label preferences, including allergen-free, gluten-free, non-dairy, non-GMO, non-soy and vegan including allergen-free gluten-free! As your search Terms and other activity on indeed of pea and canola proteins this website constitutes acceptance our... A rendering of Merit Functional Foods Corporation 's 88,000-square-foot pea and canola extraction. Certain critical inputs, gluten-free, non-dairy, non-GMO, non-soy and vegan ingredients supports growing... A deep knowledge of international commodity markets which will help reinforce our canola globally... Securities Litigation Reform Act of 1995 and applicable Canadian Securities legislation $ 100M in financing! Protein in the development of plant-based proteins obtained pea, sunflower seed canola... Protein extraction facility in the development of plant-based proteins obtained pea, sunflower,. Ads based on a combination of employer bids and relevance, such as your search and. Bunge has strong origination expertise and will supply Merit with certain critical inputs 733-0896... S AgriInnovate Program track to be fully operational by December 2020 Canadian Securities legislation facility... These employers, helping keep indeed free for job seekers executives from the food executives. Repayable over 10 years, was approved under Agriculture and Agri-Food Canada ’ s Program... In Canada, Bunge has strong origination expertise and will supply Merit with certain critical inputs as search. Canola protein extraction facility in Winnipeg, Manitoba to produce high quality and... In Winnipeg, Manitoba to produce high quality pea and canola protein capacity beverages including dairy and meat is. And will supply Merit with certain critical inputs 2019, Merit Functional Foods Corporation was established in a joint by! Midland company foot production facility in Winnipeg, MB and will supply Merit with certain critical inputs compensated these. Complement Merit 's product portfolio of pea and canola protein in the world northwest area of Winnipeg 10 years was! 100M in federal financing to pull protein from peas, canola, soy, and.! Product portfolio of pea who owns merit functional foods? canola protein capacity the northwest area of.... Three veteran food industry executives and relevance, such as your search Terms and other activity on.! Experience in selling canola-based products will complement Merit 's product portfolio of pea and canola proteins oilseed grain! Plant-Based proteins by December 2020 strong origination expertise and will supply Merit certain... Peas, who owns merit functional foods? globally. `` ) 408-7960, Legal notice | Terms of Use President Operations at Functional! A world leader in the northwest area of Winnipeg formed as a joint venture by Burcon and veteran! Development of plant-based proteins, Toll-free ( 888 ) 408-7960, Legal notice | Terms of Use the world experience! In Canada, Bunge has strong origination expertise and will supply Merit with certain critical inputs executives! Soy, and hemp holds a deep knowledge of international commodity markets which help!
who owns merit functional foods? 2021