Above Food Corp. is acquiring Northern Quinoa Production Corp. (NorQuin), a vertically integrated producer of quinoa. Terms of the transaction were not disclosed.
NorQuin is North America’s largest supplier of the protein- and fiber-rich crop, according to Above Food. The acquisition will add a scaled portfolio of specialty ingredients capabilities and customers while bolstering the company’s growing agriculture and CPG businesses.
Founded in Canada, Above Food has a complete chain of custody of plant proteins,. It offers a range of plant-based meat, seafood and dairy alternatives under the consumer-facing Eat Up!, New Ocean and Culcherd brands. It also sells grains, seeds and legumes under the Farmer Direct Organic brand.
NorQuin supplies specialty ingredients and finished products to some of the world’s largest food companies. It has invested more than two decades of research to develop proprietary, higher yield, higher protein and non-GMO varietals of quinoa and works with growers to enhance traceability.